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Maria and Javier are the equal partners in Marja, a partnership that is a qualified trade or business. In the current year, Marja had

 

Maria and Javier are the equal partners in Marja, a partnership that is a qualified trade or business. In the current year, Marja had $389,000 of ordinary income after reporting $466,800 in guaranteed payments to Maria and Javier for their services to Marja ($233,400 each). a. What is Maria's and Javier's qualified business income? -38,900 b. What is Maria's and Javier's qualified business income if Marja had $544,600 of ordinary income after reporting $233,400 in guaranteed payment to Maria and Javier ($116,700 each)? 155,600 X

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