doodndns4913 doodndns4913

07-05-2020
Business

contestada

Calculator Danielle is a partner in and sales manager for DG Partners, a domestic business that is not a specified service trade or business. During the tax year, she receives guaranteed payments of $250,000 from DG Partners for her services to the partnership as its sales manager. In addition, her distributive share of DG Partners' ordinary income (its only item of income or loss) was $175,000. What is Danielle's qualified business income

Respuesta :

abiolataiwo2015 abiolataiwo2015

11-05-2020

Answer:

Danielle's qualified business income is $ 175,000

Explanation:

Danielle's qualified business income is $ 175,000.

Danielle's qualified business income from DG is $ 175,000 and Guaranteed payments do not qualify as QBI.

Hence the distributive share can be said to be the relevant part.

Answer Link

Otras preguntas

A lion's heart beats 12 times in 16 seconds. How many heartbeats will it have in 60 seconds? A) 3.2 heartbeats B) 36 heartbeats C) 45 heartbeats D)

A furniture store salesman had $15,200 in total monthly sales last month. He made $912 in commission from those sales. What is the salesman's commission as a

how was Christianity a unifying social and political factor in the Byzantine Empire?

Which scenario relates to Mayer and Salovey’s third component of emotional intelligence (regulating emotions)? A. gauging a friend’s anxiety in the absence of v

Which of the following sentences does not use language figuratively? My day at school was a marathon and a triathlon combined. I felt like I could take a nap

Which of the followings statements are true credit cards?

I can't find the slope because the B is not present

A contractors crew can frame 3 houses in a week. How long will it take them to frame 54 houses if they frame the same number each week.

In the canterbury tales the public's reaction to beckett's murder can best be characterized by which of the following? a.they regard him as a martyr and travel

Honestly, I'm too lazy to read so: Create two diagrams outlining the social structure in Emperial and Feudal Japan citing similarities and differences.