Thad, a single taxpayer, has taxable income before the Q81 deduction of $191,000. Thad; a CPA, operates an accountina practice as a single member LLC (which he reports as a sole proprietorship). During 2021, his proprietorship generates qualified business income of $152,800, W−2 wages of $114,600, and $12,000 of qualifed property. Assume the QBI amount is net of the self-employment tax deduction. If required, round any division to two decimal places and use that rounded amount in any future computations. Round your finat answer to the nearest dollar. What is Thad's qualifed business income deduction?

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