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  3. campbell , a single taxpayer, has $85,000 of profi

Campbell , a single taxpayer, has $85,000 of profits (net of the deduction for self-employment...

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Accounting

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Campbell , a single taxpayer, has $85,000 of profits (net of the deduction for self-employment taxes, the self-employed health insurance deduction, and the deduction for contributions to qualified self-employment retirement plans) from her general store, which she operates as a sole proprietorship. She has no employees. $22,500 of qualified property (unadjusted basis of qualified property used in the business), and $58,000 of taxable income before the deduction for qualified business income. How much is Campbell's deduction for qualified business income? QBID = $

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