Justin performs services for Partridge, Inc., and receives compensation of $85,000 for the year. Determine the tax

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Justin performs services for Partridge, Inc., and receives compensation of $85,000 for the year. Determine the tax consequences of Social Security and Medicare on Justin’s take-home pay if:
a. Justin is classified as an employee of Partridge.
b. Justin is classified as an independent contractor.
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South Western Federal Taxation 2018 Essentials Of Taxation Individuals And Business Entities

ISBN: 9781337386173

21st Edition

Authors: William A. Raabe, James C. Young, Annette Nellen, David M. Maloney

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