Question: 8 Formula 1 point Alice is a general partner in Axel Partnership. Her share of the partnership's current ordinary business income was $ 7 6

8
Formula 1 point
Alice is a general partner in Axel Partnership. Her share of the partnership's current ordinary business income was $76,000. She received a $52,000 cash distribution from the partnership on December 1. Alice qualifies for the QBI deduction, without regard to the wage or taxable income limitations. Assuming that Alice's marginal tax rate is 22%, calculate her after-tax cash flow from the partnership this year.
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8 Formula 1 point Alice is a general partner in

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