Question

Mr. and Mrs. Lund and their two children (Ben and June) are the four equal partners in LBJ Partnership. This year, LBJ generated $36,000 ordinary income. Compute the tax cost for the business if Mr. and Ms. Lund’s marginal rate is 33 percent, Ben’s marginal rate is 28 percent, and June’s marginal rate is 15 percent. (Ignore SE tax consequences.)


$1.99
Sales0
Views115
Comments0
  • CreatedNovember 03, 2015
  • Files Included
Post your question
5000