ABC decided to form a limited liability company ( taxed as a partnership ) . Bob and
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Question:
ABC decided to form a limited liability company taxed as a partnership Bob and Rob will each own of the outstanding units, and both will provide services to the LLC as managing members. Bob and Rob will each be pald $ annually for those services. During the tax year, ABC generated a taxable Income of $$ less $ paid to Bob and Rob for their services and reported total W wages paid to employees of $ Assume net taxable income is derived from qualified trade or business activities SSTB is not applicable
Questions:
How much selfemployment tax will Bob and Rob owe for
Pursuant to Section A what would Bob and Rob be able to claim as QBI Deduction for
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: