subject
Business, 27.11.2019 00:31 Jasten

Meredith is a passive 30% member of the mno llc. she is not a managing member and she does not participate in any activities of the llc. her interest is more in the nature of an investment. in the current year, meredith's distributive share of income from the llc was $50,000. in addition, she received a guaranteed payment of $40,000 for the use of her capital. assume that her income from other sources exceeds $500,000. how much of meredith's llc income will be subject to the self-employment (se) tax (under the proposed regulations) and the net investment income (nii) tax? (disregard the additional medicare tax on upper-income taxpayers.)a.$90,000 se tax; $0 nii tax. b.$0 se tax; $90,000 nii tax. c.$50,000 se tax; $40,000 nii tax. d.$0 se tax; $0 nii tax. e.$0 se tax; $40,000 nii tax.

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 18:00
What is the cause of smoky exhaust?
Answers: 1
question
Business, 22.06.2019 19:00
Adrawback of short-term contracting as an alternative to making a component in-house is thata. it is the most-integrated alternative to performing an activity so the principal company has no control over the agent. b. the supplying firm has no incentive to make any transaction-specific investments to increase performance or quality. c. it fails to allow a long planning period that individual market transactions provide. d. the buying firm cannot demand lower prices due to the lack of a competitive bidding process.
Answers: 2
question
Business, 23.06.2019 01:00
The monthly demand equation for an electric utility company is estimated to be p equals 60 minus left parenthesis 10 superscript negative 5 baseline right parenthesis x, where p is measured in dollars and x is measured in thousands of killowatt-hours. the utility has fixed costs of $3 comma 000 comma 000 per month and variable costs of $32 per 1000 kilowatt-hours of electricity generated, so the cost function is upper c left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 32 x. (a) find the value of x and the corresponding price for 1000 kilowatt-hours that maximize the utility's profit. (b) suppose that the rising fuel costs increase the utility's variable costs from $32 to $38, so its new cost function is upper c 1 left parenthesis x right parenthesis equals 3 times 10 superscript 6 baseline plus 38 x. should the utility pass all this increase of $6 per thousand kilowatt-hours on to the consumers?
Answers: 2
question
Business, 23.06.2019 02:40
Suppose that a government that is skeptical of efforts to regulate prices charged by private companies is nevertheless concerned that an electric utility company is taking advantage of consumers with unfair pricing policies. which of the following policy options might most effectively enable the government to achieve its objectives in this situation? do nothing to all. turn the company into a public enterprise. use antitrust laws to increase competition. regulate the firm's pricing behavior.
Answers: 3
You know the right answer?
Meredith is a passive 30% member of the mno llc. she is not a managing member and she does not parti...
Questions
question
Mathematics, 16.11.2020 17:50
question
Mathematics, 16.11.2020 17:50
Questions on the website: 13722361