Ordinary income 281,000 Net long-term capital gain 2,000 Dividend income 4,000 Charitable contribution deduction 2,000 Cash distribution $ d. Based on the information provided, what other calculations is Noi required to make? Noi may be eligible to deduct up to 20 % of the ordinary income as qualified business income under $ 199A, and will make that calculation on her return. This deduction does not require a cash outflow by Noi or the LLC, and it does not affect her basis or capital account. As someone treated as a general partner, Noi's distributive share of the LLC's ordinary business income is subject to self-employment tax and possibly the additional Medicare tax. Her net investment income from the LLC may be subject to the additional tax under $ 1411. e. Prepare Noi's capital account rollforward from the beginning to the end of the tax year. How does her ending capital account differ from her ending basis as calculated in part (a)? Capital account balance, beginning 427,000 year Ordinary income 281,000 Dividend income 4,000 Net long-term capital gain 2,000 287,000 $ 714,000Noi may be eligible to deduct up to m\" of the ordinary income as qualied business income under 199A, and will make that calculation on her return. This deduction does not require a cash outow by Noi or the LLC, and it does not affect her basis or capital account. As someone treated as a general partner, Noi's distributive share of the LLC's ordinary business income is subject to self-employment tax and possibly the additional Medicare tax. Her net investment income from the LLC may be subject to the additional tax under 1411. e. Prepare Noi's capital account rollforward from the beginning to the end of the tax year. How does her ending capital account differ from her ending basis as calculated in part (a)? Capital account balance, beginning year Ordinary Income Dividend income Net long-term capital gain Lees: Charitable contribution 2,000 Cash distribution to Amy Capital account balance, end of year Noi's capital account differs from her basis only by the amount of her share of LLC liabilities