This year, Darrel's distributive share from Alcove Partnership includes $6,000 of interest income, $3,000 of dividend income,

Question:

This year, Darrel's distributive share from Alcove includes $6,000 of interest income, $3,000 of income, and $70,000 ordinary business income.
a. Assume that Darrel materially participates in the How much of his distributive share from Alcove is potentially subject to the net investment income tax?
b. Assume that Darrel does not materially participate in the How much of his distributive share from Alcove is potentially subject to the net investment income tax?
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...