subject
Business, 26.11.2019 05:31 Thahani

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $100,000 of business income from wcc for the year. jacob's marginal income tax rate is 37%. the business allocation is subject to 2.9% of self-employment tax and 0.9% additional medicare tax. a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:20
When someone buys a fourth television for his or her house, what is the result? a. there's a decrease in the marginal utility of the television. b. the increase in demand brings leads to higher prices for televisions. c. the production of televisions becomes more efficient. d. there's a rise in the opportunity cost of buying other goods.
Answers: 2
question
Business, 22.06.2019 10:00
The solution set for -18 < 5x-3 iso-3х3< xо-3хo3 > x
Answers: 3
question
Business, 22.06.2019 14:20
Anew 2-lane road is needed in a part of town that is growing. at some point the road will need 4 lanes to handle the anticipated traffic. if the city's optimistic estimate of growth is used, the expansion will be needed in 4 years and has a probability of happening of 40%. for the most likely and pessimistic estimates, the expansion will be needed in 8 and 15 years respectively. the probability of the pessimistic estimate happening is 20%. the expansion will cost $ 4.2 million and the interest rate is 8%. what is the expected pw the expansion will cost?
Answers: 1
question
Business, 22.06.2019 18:30
Hilary works at klothes kloset. she quickly the customers, and her cash drawer is always correct at the end of her shift. however, she never tries to "upsell" the customers (for example, by asking if they would like to purchase earrings to go with the shirt they chose or by suggesting a purse that matches the shoes they are buying). give hilary some constructive feedback on her performance.
Answers: 3
You know the right answer?
Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $100,000 of business i...
Questions
question
Social Studies, 10.07.2019 17:40
Questions on the website: 13722367