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Question 41 3 pts What is the tax payment due for Member A of an LLC given the following facts: Member A owns 10% of
Question 41 3 pts What is the tax payment due for "Member A" of an LLC given the following facts: Member A owns 10% of the venture The venture reported net profit in the current tax year of $100,000 The profit was entirely re-invested in the venture (no dividends were allocated to members) The venture's operating agreement calls for pass through profits and losses to be allocated according to each members' respective ownership percentage Member A pays personal income tax at a 15% rate
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