Question: Tim, a single taxpayer, operates a business as a single-memberLLC. In 2022, his LLC reports business income of $433,500 andbusiness deductions of $758,625, resulting in

Tim, a single taxpayer, operates a business as a single-memberLLC. In 2022, his LLC reports business income of $433,500 andbusiness deductions of $758,625, resulting in a loss of $325,125.What are 2 answers

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