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Please find The Partneship income,Thank you! What details do you need? This is the whole question. The TIP Partnership earned ordinary income of $213,000 in

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What details do you need? This is the whole question.
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The TIP Partnership earned ordinary income of $213,000 in 2019. The partnership has three equal partners, Tim, Isaac, and Paul. Paul, who is single, uses the standard deduction, and has other income of $13,000 (not connected with the partnership) in 2019. He receives a $34,000 distribution from the partnership during the year. What is Paul's taxable income in 2019? (If an input field is not used, leave the input field(s) empty. Do not select a label or enter a zero. Assume that the partnership is not eligible for the QBI deduction) (Click the icon to view the standard deduction amounts.) 10 Allocable share of TIP Partnership income Other taxable income 13000 Adjusted gross income (AGI) Minus: Deductions from AGI: Standard deduction 12200 Paul's taxable income ? Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer The TIP Partnership earned ordinary income of $213,000 in 2019. The partnership has three equal partners, Tim, Reference STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses $ 24,400 Heads of households $ 18,350 Unmarried individuals (other than surviving spouses and heads of households) $ 12,200 Married individuals filing separate returns $ 12,200 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,300 Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse $1,650 Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. *These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. Personal and Dependency Exemptions Suspended: In coniunction with the increased standard AL The TIP Partnership earned ordinary income of $213,000 in 2019. The partnership has three equal partners, Tim, i Reference Married individuals filing joint returns and surviving spouses $ 24,400 Heads of households $ 18,350 Unmarried individuals (other than surviving spouses and heads of households) 12,200 Married individuals filing separate returns $ 12,200 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,300 Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse $1,650 Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. * These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind. Personal and Dependency Exemptions Suspended: In conjunction with the increased standard deduction amount, the Tax Cuts and Jobs Act reduces the personal exemption amount to $0 for tax years from 2018 through 2025, effectively suspending the exemptions for these years The TIP Partnership earned ordinary income of $213,000 in 2019. The partnership has three equal partners, Tim, Isaac, and Paul. Paul, who is single, uses the standard deduction, and has other income of $13,000 (not connected with the partnership) in 2019. He receives a $34,000 distribution from the partnership during the year. What is Paul's taxable income in 2019? (If an input field is not used, leave the input field(s) empty. Do not select a label or enter a zero. Assume that the partnership is not eligible for the QBI deduction) (Click the icon to view the standard deduction amounts.) Allocable share of TIP Partnership income Other taxable income 13000 Adjusted gross income (AGI) Minus: Deductions from AGI: Standard deduction 12200 Paul's taxable income Choose from any list or enter any number in the input fields and then click Check Answer. ? All parts showing Clear All Check Answer i Reference -X STANDARD DEDUCTION Filing Status Married individuals filing joint returns and surviving spouses $ 24,400 Heads of households $ 18,350 Unmarried individuals (other than surviving spouses and heads of households) $ 12,200 Married individuals filing separate returns $ 12,200 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,300 Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse $1,650* Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. * These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind Print Done i Reference $ 18,350 Heads of households Unmarried individuals (other than surviving spouses and heads of $ 12,200 households) Married individuals filing separate returns $ 12,200 Additional standard deduction for the aged and the blind; Individual who is married and surviving spouses $1,300 Additional standard deduction for the aged and the blind; Individual who is unmarried and not a surviving spouse $1,650* Taxpayer claimed as dependent on another taxpayer's return: Greater of (1) earned income plus $350 or (2) $1,100. * These amounts are $2,600 and $3,300, respectively, for a taxpayer who is both aged and blind Personal and Dependency Exemptions Suspended: In conjunction with the increased standard deduction amount, the Tax Cuts and Jobs Act reduces the personal exemption amount to $0 for tax years from 2018 through 2025, effectively suspending the exemptions for these years. 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