Examlex
Gina is a single taxpayer and an active partner in the GMA LLC. Gina's Schedule K-1 reflects a $20,000 ordinary income share, $2,000 of interest income, and a $10,000 guaranteed payment for services. Gina's self-employment income from other sources and modified adjusted gross income is about $300,000. With respect to the income from the LLC, Gina is subject to the 0.9% additional Medicare tax on $30,000 and the 3.8% net investment income tax of
$2,000.
Test Administration
The process of organizing and conducting a test or assessment according to specified procedures to ensure its reliability and validity.
Accommodations
Adjustments or modifications made to environments, tasks, or procedures to enable individuals with disabilities to participate fully.
Relevant Testing
Testing that is directly related and appropriate to the purpose for which it is being conducted, ensuring that the results are meaningful for the specific context.
Employment
The condition of having paid work or engaging in a profession or occupation.
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