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Items these la Separat Both OI Gross Revenue $1,000,000 OI Dividends Received from 10% owned corp 100,000 LTCG 25,000 STCL 10,000 Cost of Goods Sold

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Items these la Separat Both OI Gross Revenue $1,000,000 OI Dividends Received from 10% owned corp 100,000 LTCG 25,000 STCL 10,000 Cost of Goods Sold 430,000 Guaranteed Payment (75,000 to Mia; 75,000 to Nomar) 150,000 Both Admin Expense 200,000 OI Charitable Contributions 50,000 Distributions to Partners ($50,000 to Mia; 50,000 to Nomar) 100,000 1. Partnership taxation involves sorting partnership items as ordinary income and/or separately stated. In the column provided abov selecting the best possible answer. 2. How much of Mia's income from Gamma Company will be subject to SE tax? [Select] [Select] Only her ordinary income 3. What is Mia's basis in her partnership interest at 12/31/19? (Select] Only her guaranteed payment Only her dividend income and the guaranteed payment Only her dividend income Only her dividend income and the ordinary income All of her ordinary income and separately stated items None of her ordinary income or separately stated items Only her guaranteed payment and the ordinary income

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