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Having trouble with this problem and would like help with solving it. Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation).

Having trouble with this problem and would like help with solving it.

Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara does not do any work for Jazz Corp. Jazz Corp. reported $350,000 of business income for the year (2020). Before considering her business income allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyaras adjusted gross income was $300,000 (all employee salary).

What is Kiyaras net investment income tax liability (assume no investment expenses)?

What is Kiyaras self-employment tax liability?

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