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! Required information [The following information applies to the questions displayed below.) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation).

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! Required information [The following information applies to the questions displayed below.) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara does not do any work for Jazz Corp. Jazz Corp. reported $308,000 of business income for the year (2020). Before considering her business income allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyara's adjusted gross income was $258,000 (all employee salary). Answer the following questions for Kiyara (Leave no answer blank. Enter zero if applicable.) a. Assuming the income allocated to Kiyara is qualified business income, what is Kiyara's deduction for qualified business income? Answer is complete but not entirely correct. Kiyara's deduction for qualified business income et 2 of 4 Required information (The following information applies to the questions displayed below) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (ans Corporation). Kiyara does not do any work for Jazz Corp. Jazz Corp. reported $308,000 of business income for the year (2020). Before considering her business income allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyara's adjusted gross income was $258,000 (all employee salary). Answer the following questions for Kiyara. (Leave no answer blank. Enter zero if applicable.) 11 ints 03:54:41 b. What is Kiyara's net investment income tax liability (assume no investment expenses)? Answer is complete but not entirely correct. Kiyara's net investment income tax liability $ 154,000 1 Saved Check my work mode : This shows what is correct or incorrect for the work you have complet ! Required information [The following information applies to the questions displayed below.) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara do Corp. Jazz Corp. reported $308,000 of business income for the year (2020). Before conside allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyara's adjusted (all employee salary). Answer the following questions for Kiyara (Leave no answer blank. En 4:17 c. What is Kiyara's self-employment tax liability? Answer is complete but not entirely correct. Kiyara's self-employment tax liability $ 258,000 X ! Required information [The following information applies to the questions displayed below.) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara does not do any work for Jazz Corp. Jazz Corp. reported $308,000 of business income for the year (2020). Before considering her business income allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyara's adjusted gross income was $258,000 (all employee salary). Answer the following questions for Kiyara (Leave no answer blank. Enter zero if applicable.) a. Assuming the income allocated to Kiyara is qualified business income, what is Kiyara's deduction for qualified business income? Answer is complete but not entirely correct. Kiyara's deduction for qualified business income et 2 of 4 Required information (The following information applies to the questions displayed below) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (ans Corporation). Kiyara does not do any work for Jazz Corp. Jazz Corp. reported $308,000 of business income for the year (2020). Before considering her business income allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyara's adjusted gross income was $258,000 (all employee salary). Answer the following questions for Kiyara. (Leave no answer blank. Enter zero if applicable.) 11 ints 03:54:41 b. What is Kiyara's net investment income tax liability (assume no investment expenses)? Answer is complete but not entirely correct. Kiyara's net investment income tax liability $ 154,000 1 Saved Check my work mode : This shows what is correct or incorrect for the work you have complet ! Required information [The following information applies to the questions displayed below.) Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara do Corp. Jazz Corp. reported $308,000 of business income for the year (2020). Before conside allocation from Jazz Corp. and the self-employment tax deduction (if any), Kiyara's adjusted (all employee salary). Answer the following questions for Kiyara (Leave no answer blank. En 4:17 c. What is Kiyara's self-employment tax liability? Answer is complete but not entirely correct. Kiyara's self-employment tax liability $ 258,000 X

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