Shamrock, Inc. has an investment in trading securities of $146000. This investment experienced an unrealized loss of $7600 during the current year. Assuming a 32% tax rate, the amount of this loss that would reported as part of other comprehensive income would be: $46720 loss. $146000 loss. $99280 loss. None.

Jacob is a member of wcc (an llc taxed as a partnership). jacob was allocated $155,000 of business income from wcc for the year. jacob’s marginal income tax rate is 37 percent. the business allocation is subject to 2.9 percent of self-employment tax and 0.9 percent additional medicare tax. (round your intermediate calculations to the nearest whole dollar a) what is the amount of tax jacob will owe on the income allocation if the income is not qualified business income? b) what is the amount of tax jacob will owe on the income allocation if the income is qualified business income (qbi) and jacob qualifies for the full qbi duduction?