Question: PLEASE ANSWER PARTS a b c AND D Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason

PLEASE ANSWER PARTS a b c AND DPLEASE ANSWER PARTS a b c AND D Required information Problem 15-45(LO 15-3) (Algo) [The following information applies to the questions displayed below.]Mason (single) is a 50 percent shareholder in Angels Corporation (an SCorporation). Mason receives a $182,000 salary working full time for Angels Corporation.

Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) roblem 15-45 Part a (Algo) Assuming the income allocated to Mason is qualified business income, what is Mason's deduction for qualified business income? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) Problem 15-45 Part b (Algo) b. What is Mason's net investment income tax liability (assume no investment expenses)? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) Problem 15-45 Part c (Algo) c. What is Mason's self-employment tax liability? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) Problem 15-45 Part d (Algo) d. What is Mason's additional Medicare tax liability? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) roblem 15-45 Part a (Algo) Assuming the income allocated to Mason is qualified business income, what is Mason's deduction for qualified business income? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) Problem 15-45 Part b (Algo) b. What is Mason's net investment income tax liability (assume no investment expenses)? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) Problem 15-45 Part c (Algo) c. What is Mason's self-employment tax liability? Required information Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Mason (single) is a 50 percent shareholder in Angels Corporation (an S Corporation). Mason receives a $182,000 salary working full time for Angels Corporation. Angels Corporation reported $408,000 of taxable business income for the year (2021). Before considering his business income allocation from Angels and the self-employment tax deduction (if any), Mason's adjusted gross income is $182,000 (all salary from Angels Corporation). Answer the following questions for Mason. (Leave no answer blank. Enter zero if applicable.) Problem 15-45 Part d (Algo) d. What is Mason's additional Medicare tax liability

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