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Ned is filing single. He has taxable income before any QBI deduction of $160,600. Which...

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Accounting

Ned is filing single. He has taxable income before any QBI deduction of $160,600. Which limitation(s) may he be subject to, other than the ordinary taxable income limitation?

No limitation.

Wage and property limitation and phase-in increase.

Wage and property limitation, phase-in increase, and phaseout limitation.

No QBI deduction.

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