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In: AccountingBen and Molly are married and will file jointly. Ben earns$300,000 from his single member...Ben and Molly are married and will file jointly. Ben earns$300,000 from his single member LLC (a law firm). He reports hisbusiness as a sole proprietorship. Wages paid by the law firmamount to $40,000; the law firm owns no significant property. Mollyis employed as a tax manager by a local CPA firm. Their modifiedtaxable income is $375,000 (this is also their taxable incomebefore the deduction for qualified business income). What is theirtentative QBI based on the W–2 Wages/Capital Investment Limit?
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