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Kiyara ( single ) is a 5 0 percent shareholder of Guardian Corporation ( an S Corporation ) . Kiyara does not do any work

Kiyara (single) is a 50 percent shareholder of Guardian Corporation (an S Corporation). Kiyara does not do any work for Guardian Corporation. Guardian Corporation reported $350,000 of business income for the year (2022). Before considering her business income allocation from Guardian Corporation and the self-employment tax deduction (if any), Kiyara's adjusted gross income was $300,000(all employee salary). Kiyara has $42,500 in itemized deductions. Answer the following questions for Kiyara.

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