For purposes of the QBI deduction being limited by taxable income, taxable income refers to:
A. Adjusted gross income minus net capital gains and qualified dividends of the taxpayer.
B. Adjusted gross income plus net capital gains and qualified dividends of the taxpayer.
C. Taxable income before any QBI deduction, minus net capital gains and qualified dividends of the taxpayer.
D. Taxable income plus net capital gains and qualified dividends of the taxpayer.