Page 310 - Large Business IRS Training Guides
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Example 2 – At or Below Threshold
REIT Dividends & PTP Income
A married individual filing a joint return reports:
QBI $200,000
Qualified REIT dividends $1,000
Qualified PTP income $500
Net capital gain $0
Taxable income, before QBID $270,000
The QBID is $40,300 computed as follows:
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