MN Partnership has two equal partners, Mark and Nadia. In the current year, the MN earns $140,000 of ordinary business income and a $30,000 long- term capital gain. Nadia is single. In addition to the partnership items, she reports $40,000 of dividend income and a long- term capital loss of $13,000 from her personal investment accounts. Nadia does not itemize her deductions. Calculate Nadia's 2018 taxable income.

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The Answer of MN Partnership has two equal partners, Mark and Nadia. In the current year, the MN earns $140,000 of ordinary business income and a $30,000 long- term capital gain. Nadia is single. In addition to the partnership items, she reports $40,000 of dividend income and a long- term capital loss of $13,000 from her personal investment accounts. Nadia does not itemize her deductions. Calculate Nadia's 2018 taxable income.

MN Partnership Has Two Equal Partners, Mark and Nadia