Question: Hank is a 5 0 % general partner in The Widgets Company. He will be subject to self - employment taxes on which of the

Hank is a 50% general partner in The Widgets Company. He will be subject to self-employment taxes on which of the following amounts?
Total distributions received from the business.
His distributive share of business profits.
His share of the partnership's non-business investment income.
A distribution that does not exceed his outside basis

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