Shelly has $200,000 of QBI from her local jewelry store (a sole proprietorship). Shelly's proprietorship paid $30,000 in W-2 wages and has $20,000 of qualified property. Shelly's spouse earned $74,800 of wages as an employee, they earned $20,000 of interest income during the year, and they will be filing jointly and using the standard deduction. Assume the QBI amount is net of the self-employment tax deduction. What is their QBI deduction for 2020?

Q: Read through the following short case, and then answer the questions that follow. a) What would you…

A: Budget: It is an estimate of various financial items for a defined period, say a year or less.…

Q: Can you make the answer of number 5 a well-explained or thoroughly explained?

A: The coefficient of variation is a statistical tool that measures the risk level by considering the…

Q: Use EMBG's adjusted trial balance to prepare EMBG's balance sheet for the current year-end. EMBG…

A: Definition: Balance sheet: To Know the financial position of the business balance sheet is prepared.…

Q: Can you provide me the full answer for this quiestion

A: Formulas for different financial ratios are as follows.

Q: look at the image to help me solve the problem

A: In Double Entry System, the total of assets are always equal to the total of liabilities.

Q: For the second question, were you able to show how that problem would be worked out?

A: The par value is stated in the corporate charter and the company cannot issue shares below the par…

Q: I need it solved with the data in my question.  Thanks

A: With the probability based case, the expected NPV is the weighted average of the NPV of different…

Q: Use EMBG's adjusted trial balance to prepare the company's income statement. EMBG CORPORATION…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: what was the puzzle?  what is a possible solution to solve that puzzle?

A: Puzzle- A puzzle is a game, problem, or toy that tests a personality's ingenuity or information.…

Q: What are the steps to figure this out?

A: Journal: Recording of a business transactions in a chronological order.

Q: Student ID Day 63638034 Monday 23957096 Thursday 28080825 Monday Exam Score 61 70 1. How many…

A: =COUNTIF is used to count the cells satisfying the given criteria in the given range.

Q: How would I complete this problem fully by hand?

A: Data given: Loan amount is $15,000 Nominal interest rate is 11% n= 1 year

Q: How to be an ips officer

A: The answer is stated below:

Q: hi, can I get the solution or the computation?, thank you!

A: Journal entries (JF) refers to the very basic step in the accounting cycle and records the daily…

Q: What is the Rule of 72? How is knowing this concept helpful to you?

A: The Rule of 72 is a simple way to determine how long an investment will take to double given a fixed…

Q: I need help with this

A: ‘’Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Could you explain without using the excel?

A: The face value of the bond is $1,000. The coupon rate is 2%. The period is 6 years. The interest…

Q: Hi, can you help me with this, is hard to understand. Thank you.

A: 1. Allowance for doubtful debt - Allowance for doubtful debt is the account that a company creates…

Q: what are the objectives of the client representation letter?

A: Client representation letter refers to the vital evidence piece in audit and the representation as…

Q: Can you tell me the difference between confidentiality and privacy? Explain

A: This question tells about the difference between confidentiality and privacy:

Q: By chance, do you have the formulas that you used for each answer so i can study it more?

A: Formulae used:

Q: How do I find u. I am having a hard time with finding it. Can you show me how to do that. I…

A: We have to explain how to find "u".

Q: I need help understanding step by step how to slove this

A: Introduction: Direct material: Direct material refers to the material used by the company in…

Q: I need help with figuring out the solution, thank you.

A: The debtors issues an instrument instead of cash said to be note receivable. In case note is paid…

Q: Discuss the Crowdfunding Campaign process with appropriate examples.

A: Crowdfunding is defined as the method or techniques used for raising the finances or funds from the…

Q: Explain subsequent events and why these are important? Explain with the help of example.

A: Subsequent events refer to events or transactions that occur after the balance sheet date but before…

Q: Hello, could i depend on this solution is it an expert solution?

A: Variance - It is the difference between budgeted and actual data.There are many types of variances…

Q: What are the advantages and disadvantages of accessing online primary sources?

A: Primary sources are the proof of history, original records or objects created by participants or…

Q: I need help with this

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: I need all parts of the questions answered. Thanks.

A: Price or Value(VB) of a Bond is computed by discounting all cash benefits that will arise from bond…

Q: What do you understand by crowdfunding?

A: Crowdfunding is a funding method that leverages online platforms to gather small amounts of money…

Q: Plesea better send the questions and align them with the question.

A: The process of comparing and evaluating the operations and results of several firms is known as…

Q: What are property, rights and contract enforcement in rationale for government intervention?

A: The government generally assigns the property rights for the properties when they are exclusively…

Q: Could you show me to solve this problem step by step. Please

A: The equation we have to solve is as shown on the white board. We will take the following approach.As…

Q: Hello Tutor, kindly include here the steps and solutions please. Not just the bare answer. I need…

A: Annuity due means that that the payments or the deposits are being made at the start of each period.…

Q: What is the significance of an engagement lette

A: Auditing:   Auditing refers to an independent examination of financial information of any…

Q: what is education now adays?

A: Education is the act of receiving or giving knowledge to someone about various happenings around…

Q: What is the answers and how did you arrive at those answers?

A: Cost of production is the cost incurred to produce a definite quantity of product. This cost…

Q: In what situation should you MAKE?

A: Make or Buy: Make or Buy decision are normal condition arises in front of management due to…

Source of investments

A start-up business requires high investment along with its objectives, vision, mission, and business plan for the growth of the business. Investment is highly required for funding assets, working capital, and other operations of the business. An investment fund can be raised from various sources. Investment sources assist businesses to achieve their financial goals and support businesses to sustain and grow. Investors are willing to invest in businesses if adequate returns are entitled from the investments. Portfolio methods and risk evaluating measurements are utilized by investors to identify the best investment option.