Saskia Is a 50% Partner in a Toy Company

question 51

Multiple Choice

Saskia is a 50% partner in a toy company.She is in the top tax bracket.The partnership has generated $2 million of qualified business income.The partnership paid W-2 wages of $880,000 and owns depreciable tangible property with an unadjusted basis of $1.2 million.What is Saskia's qualified business income deduction (ignoring self-employment taxes) ?

• A)$200,000
• B)$220,000
• C)$125,000
• D)$400,000

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