Question: Show me the steps to solve please d . What is Omar's net investment income tax liability ( assume no investment expenses ) ? Income
Show me the steps to solve please d What is Omar's net investment income tax liability assume no investment expenses
Income tax liability e What is Omar's additional Medicare tax liability?
Additional Medicare tax liability
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Problem LO Static
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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.
Problem Part a Static
a What is Omar's selfemployment tax liability?
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