Three Hills Partnership had profits of $210,000 in 20x1. Shawna Hill invested $100,000 as a limited partner, and her partnership interest is 30%. Shawna is in a 45% tax bracket. What is Shawna's after-tax return on her investment in the partnership? (Rounded)

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Shawna's after-tax return on her investment in the partnership is 35%. This is calculated as follows:Shawna's share of the partnership profits = $210,000 x 30% = $63,000Shawna's after-tax return = $63,000 x (1 - 45%) = $34,650Shawna's after-tax return on her investment = $34,650 / $100,000 = 34.65% or 35% (rounded)

Three Hills Partnership Had Profits of $210,000 in 20x1