Brent Is a Limited Partner in BC Partnership What Is His Self-Employment Income?
A)$84,000
B)$66,000
C)$48,000
D)$36,000

Brent is a limited partner in BC Partnership.His distributive share of partnership income and his guaranteed payment for the year are as follows: $$\begin{array} { | l | l | } \hline \text { Ordinary income } & \$ 30,000 \\\hline \text { Short-term capital gain } & \$ 18,000 \\\hline \text { Guaranteed payment } & \$ 36,000 \\\hline\end{array}$$ What is his self-employment income?

A) $84,000
B) $66,000
C) $48,000
D) $36,000

Correct Answer:

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