Business, 29.02.2020 00:13 briansalazar17
Jorge is a 100 percent owner of JJ LLC (taxed as an S Corporation). He works full-time for JJ and his marginal ordinary tax rate is 37 percent. Which of the following statements is true regarding Jorge's tax treatment of business income allocated to him from JJ? a) Business income allocations are taxed at a maximum 23.8 percent tax rate. b) Business income allocations are subject to self-employment tax. c) Business income allocations are not subject to the net investment income tax. d) Business income allocations are subject to the additional Medicare tax.
Answers: 1
Another question on Business
Business, 21.06.2019 19:20
Anderson, a computer engineer, and spouse, who is unemployed, provide more than half of the support for their child, age 23, who is a full-time student and who earns $7,000. they also provide more than half of the support for their older child, age 33, who earns $2,000 during the year. how many dependents may the andersons claim on their joint tax return?
Answers: 3
Business, 22.06.2019 00:50
At a roundabout, you must yield to a. already in the roundaboutb. entering the roundaboutc. only if their turn signal is ond. only if they honk at you
Answers: 1
Business, 22.06.2019 09:30
Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false
Answers: 1
Business, 22.06.2019 11:00
In each of the following cases, find the unknown variable. ignore taxes. (do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.) accounting unit price unit variable cost fixed costs depreciation break-even 20,500 $ 44 $ 24 $ 275,000 $ 133,500 44 4,400,000 940,000 8,000 75 320,000 80,000
Answers: 3
You know the right answer?
Jorge is a 100 percent owner of JJ LLC (taxed as an S Corporation). He works full-time for JJ and hi...
Questions
Biology, 06.06.2020 21:59
Social Studies, 06.06.2020 21:59
History, 06.06.2020 21:59
Mathematics, 06.06.2020 21:59
Computers and Technology, 06.06.2020 21:59
Mathematics, 06.06.2020 21:59
