Exercise 15-16 (Algorithmic) (LO. 3, 4) Charlotte is a partner in, and sales manager for, CD Partners, a domestic business that is not a "specified services" business. uring the tax year, she receives guaranteed payments of
$148,600
from
CD
Partners for her services to the partnership as its ales manager. In addition, her distributive share of CD Partners' ordinary income (its only item of income or loss) was 89,160. What is 'Charlotte's qualified business income?

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Exercise 15-16 (Algorithmic) (LO. 3, 4) Charlotte is a partner in, and sales manager for, CD Partners, a domestic business that is not a "specified services" business. uring the tax year, she receives guaranteed payments of

$148,600

from

CD

Partners for her services to the partnership as its ales manager. In addition, her distributive share of CD Partners' ordinary income (its only item of income or loss) was 89,160. What is 'Charlotte's qualified business income?

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