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Business, 20.12.2019 23:31 lilakatedancer

Samuel is the managing general partner of stu, in which he owns a 25% interest. for the year, stu reported ordinary income of $400,000 (after deducting all guaranteed payments). in addition, the llc reported interest income of $12,000. samuel received a guaranteed payment of $120,000 for services he performed for stu. how much income from self-employment did samuel earn from stu? a. $100,000b. $223,000c. $220,000d. $120,000

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Samuel is the managing general partner of stu, in which he owns a 25% interest. for the year, stu re...
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