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For the tax year, OPQ Partnership reported $42,000 net ordinary income, $5,000 interest income, $600 charitable contribution, and $18,000 179 deduction. Pat is a general
For the tax year, OPQ Partnership reported $42,000 net ordinary income, $5,000 interest income, $600 charitable contribution, and $18,000 179 deduction. Pat is a general partner who owns a 20% interest in OPQ. She received a $12,000 guaranteed payment and $0 distributions during the year. What is the amount of Pats self-employment income from OPQ?
A)$4,680
B)$4,800
C)$8,400
D)$16,800
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