those are 2 different questions

On January 1, Year 1, X, an individual, paid $15,400 for 5 percent of the stock in Z Corp. an corporation. In November, he loaned $8,700 to Z Corp. in return for a promissory note. Z Corp.generated a $992,000 operating loss in Year. How much of his share of the loss can X deduct on his Year 1 retum? Question 13 10 pts X, who is in the 37 percent tax bracket, is the sole shareholder of Y Inc., which manufactures greeting cards. Y's average annual net profit (before deduction of Mr. X's salary) is $370,000. Compute the income tax burden on this profit. Assume that all dividends are taxed to individuals at a 20% tax rate. (Ignore any payroll tax consequences.) Toto is an Scorporation. Mr. Lion's salary is $100,000, and Toto makes no cash distributions. Assume Toto's ordinary income qualifies for the 20 percent QBI deduction, subject to no limitations