In 2017 Landon has self-employment earnings of $195,000. Compute Landons self- employment tax liability and the allowable

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In 2017 Landon has self-employment earnings of $195,000. Compute Landon’s self- employment tax liability and the allowable income tax deduction of the self-employment tax paid.

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Fundamentals Of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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Question Posted: Nov 19, 2018 12:40 PM

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In 2017 Landon has self-employment earnings of $195,000. Compute Landons self- employment tax liability and the allowable

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195000 x 9235 180083 FICA Social security limit 127200 x ...View the full answer

Fundamentals Of Taxation 2018

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