Qualified business income (qbi) deduction (lo 4.10)rob operates a small plumbing supplies business as a sole proprietor. in 2018, the plumbing business has gross business income of $421,000 and business expenses of $267,000, including wages paid of $58,000. the business sold some land that had been held for investment generating a long-term capital gain of $15,000. the business has $300,000 of qualified business property in 2018. rob's wife, marie, has wage income of $250,000. they jointly sold stocks in 2018 and generated a long-term capital gain of $13,000. rob and marie have no dependents and in 2018, they take the standard deduction of $24,000.the income threshold for qbi limitations starts at $315,000 for married filing jointly taxpayers. a. what is rob and marie's taxable income before the qbi deduction? $b. what is rob and marie's qbi? $154,000what is rob and marie's qbi deduction? $** give explanation and not just the answer. you! **

Areal estate agent is considering changing her cell phone plan. there are three plans to choose from, all of which involve a monthly service charge of $20. plan a has a cost of $.42 a minute for daytime calls and $.17 a minute for evening calls. plan b has a charge of $.52 a minute for daytime calls and $.15 a minute for evening calls. plan c has a flat rate of $80 with 275 minutes of calls allowed per month and a charge of $.38 per minute beyond that, day or evening.a. determine the total charge under each plan for this case: 150 minutes of day calls and 70 minutes of evening calls in a month. (do not round intermediate calculations. round your answer to 2 decimal places. omit the "$" sign in your response.)c. if the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal? (round each answer to the nearest whole number.include the indifference point itself in each answer.)d. suppose that the agent expects both daytime and evening calls. at what point (i.e., percentage of total call minutes used for daytime calls) would she be indifferent between plans a and b?

Presented below is information for annie company for the month of march 2018. cost of goods sold $245,000 rent expense $ 36,000 freight-out 7,000 sales discounts 8,000 insurance expense 5,000 sales returns and allowances 11,000 salaries and wages expense 63,000 sales revenue 410,000 instructions prepare the income statement.

If joe to go decides to produce its coffee beans domestically and sell them in india through a local retailer, this would be an example of