Question

Robert is the sole shareholder and CEO of ABC, Inc., an S corporation that is a qualified trade or business. During the current year, ABC records net income of $272,000 after deducting Robert's $81,600 salary. In addition to his compensation, ABC pays Robert dividends of $190,400. a. What is Robert's qualified business income

Answer 1

$272,000

Step-by-step explanation:

The qualified business income of Robert is $272,000 as the Robert salary of $81,600 is already deducted from the net income .