2.09.1 Partnership Operations and Partner's Taxable Income (3)

Question 問題、
Comfy Chairs Manufacturing, Ltd. operates as a partnership and files Form 1065. Comfy manufactures inflatable lounge chairs. During the current tax year ended December 31, Comfy generated income and expenses as stated below. What is the correct amount of ordinary income (loss) from trade or business activities Comfy should report Schedule K for the current year?
- Employee wages $15,000
- Income from rental real estate $20,000
- Charitable contribution $500
- Cost of goods sold $10,000
- Income from chair sales $75,000

A. $65,000

B. $69,500

C. $50,000

D. $30,000

The correct answer is 正解は、[C. $50,000.]
= Sales $75,000 - COGS $10,000 - Wages $15,000
不動産賃貸所得、寄付金は個別記載項目なので、Ordinary Business Income/Lossには含めない。