An individual owns 40% of the stock in an S corporation, and the individual's spouse owns 30% of the stock. The tax year is the calendar year. The corporation reports $104,000 of ordinary taxable income in 2021 and pays no corporate income tax. Ignore any possible effect of a qualified business income (QBI) deduction. What is the amount of tax this individual must pay if income taxes are filed separately rather than jointly? $1,781 $2,663 $3,287 $3,416 BOOKMARK Question navigation 66 67 QUESTION