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Question 22 of 105. For the tax year, OPQ Partnership reported $42,000 net ordinary income, $5,000 interest income, $600 charitable contribution, and $18,000 179 deduction.

Question 22 of 105.

For the tax year, OPQ Partnership reported $42,000 net ordinary income, $5,000 interest income, $600 charitable contribution, and $18,000 179 deduction. Pat is a general partner who owns a 20% interest in OPQ. She received a $12,000 guaranteed payment and $0 distributions during the year. What is the amount of Pats self-employment income from OPQ?

$4,680
$4,800
$8,400
$16,800
Mark for follow up

Question 22 of 105.

For the tax year, OPQ Partnership reported $42,000 net ordinary income, $5,000 interest income, $600 charitable contribution, and $18,000 179 deduction. Pat is a general partner who owns a 20% interest in OPQ. She received a $12,000 guaranteed payment and $0 distributions during the year. What is the amount of Pats self-employment income from OPQ?
$4,680
$4,800
$8,400
$16,800
Mark for follow up

December 28, 2016.

December 28, 2016.

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