Question: Omar ( single ) is a 5 0 percent owner in Cougar LLC ( taxed as a partnership ) . Omar works half time for
Omar single is a percent owner in Cougar LLC taxed as a partnership Omar works half time for Cougar and receives guaranteed payment of $ Cougar LLC reported $ of business income for the year Before considering his percent business income allocation from Cougar and the selfemployment tax deduction if any Omar's adjusted gross income is $includes $ guaranteed payment from Cougar and $ salary from a different employer Omar reports itemized deductions of $ Answer the following questions for Omar.
Note: Leave no answer blank. Enter zero if applicable. Round your intermediate calculations and final answers to the nearest whole dollar.
e What is Omar's additional Medicare tax liability?
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