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John is a managing member of an LLC. His net income from the LLC will be $100,000. John is also a 50% shareholder in an

John is a managing member of an LLC. His net income from the LLC will be $100,000. John is also a 50% shareholder in an S corporation. He is highly involved in the business, and the flow-through of net income from S corporation is $70,000.

Compute the self-employment tax (SECA) due for 2023.

What is the amount of John's adjustment to income?

Assuming no other income or adjustments, what is Johns AGI for 2023?

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