Carol sold 50% of her business to her mother. The resulting partnership had income of $200,000. Capital is a material income-producing factor. Carol performed services worth $90,000, which is reasonable compensation, and her mother performed no services. What is the maximum amount of income Carol’s mother can report from the partnership for the tax year?
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Ответ:
$55,000
Explanation:
The partnership's income = $200,000
To determine what each partner should receive we must subtract carol's compensation for her work $90,000:
partnership's net income = $200,000 - $90,000 = $110,000
then we divide the net income by 2 = $110,000 / 2 = $55,000
Ответ:
it is propane
C3H8 it is propane