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Sneha is a 50% shareholder in an S corporation. In the current year, she is reporting...

Sneha is a 50% shareholder in an S corporation. In the current year, she is reporting $15,000 of salary, $1,500 of interest income, $50,000 of qualified business income from the S corporation and $10,000 of long-term capital gain. Sneha's taxable income before the qualified business income deduction is $55,000. Sneha will be allowed a QBI deduction of

A) $9,000.

B) $10,500.

C) $11,000.

D) $15,300.

LABEL AND SHOW ALL WORK.

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