tax please solve 18. Cynthia is a calendar year individual who is...
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tax please solve
18. Cynthia is a calendar year individual who is an active partner in the Fiscale partnership. The partnership has a tax year ending 4/30. Cynthia's share of the Line 1 Ordinary business income is $12,000 for the partnership's first year ending 4/30/21. Each month beginning with 5/1/2020 the partnership made a $1,000 distribution to Cynthia (other partners got similar distributions). a) For her 2020 tax return how much income would Cynthia report from the partnership? b) Assuming Cynthia has to report income from the partnership is the income subject to self employment tax? c) If Cynthia receives a guaranteed payment of $15,000 will she have to pay tax on it, and if yes is it slubject to self employment tax? HTML Editora BIVA - A - IKE x x, 1: V DVD TTT 12pt > A Cynthia would reportio W
tax please solve

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