Self Employment Tax Calculation Short Tax Font Doug is a single taxpayer. In 2018, he had wage

Question:

Self Employment Tax Calculation Short Tax Font Doug is a single taxpayer. In 2018, he had wage income of $115,000 from his employee 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, lint 31). Complete the 2018 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

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Federal Taxation 2020 Comprehensive

ISBN: 9780135196274

33rd Edition

Authors: Timothy J. Rupert, Kenneth E. Anderson, David S. Hulse

Question Posted: