I:14-71 Self Employment Tax Calculation Short Tax Form. Doug is a single taxpayer. In 2021, he had
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I:14-71 Self Employment Tax Calculation Short Tax Form. Doug is a single taxpayer. In 2021, he had wage income of $115,000 from his employer. In addition to his wage income, Doug was a consultant in which he made an additional $75,000 of net income from self-employment
(Schedule C, line 31). Complete the 2021 Schedule SE to determine the amount of tax Doug will incur from his consulting business. Note: You will need to complete Section B – Long Schedule SE.
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Related Book For
Pearsons Federal Taxation Corporations Partnerships Estates And Trust 2023
ISBN: 9780137730391
36th Edition
Authors: KENNETH E. ANDERSON, DAVID S. HULSE, TIMOTHY J. RUPERT Richard J. Joseph LeAnn Luna
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