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Brianna and Jarred are 50% partners in Wheels Partnership. Wheels has a good year and brings in $150,000 of income with $50,000 in expenses. Wheels

Brianna and Jarred are 50% partners in Wheels Partnership. Wheels has a good year and brings in $150,000 of income with $50,000 in expenses. Wheels distributes $25,000 to Brianna. What amount of income will Jarred have to pay tax on?

$200,000

$25,000

$150,000

$50,000

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