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Ms Mollani Owns Stock in Two S Corporations, Aloha and Honu

Question 104

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Ms. Mollani owns stock in two S corporations, Aloha and Honu. This year, she had the following income and loss items:
Ms. Mollani owns stock in two S corporations, Aloha and Honu. This year, she had the following income and loss items:    Compute Ms. Mollani's AGI under each of the following assumptions. Compute Ms. Mollani's AGI under each of the following assumptions.

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a. She materially participates in Aloha'...

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