Annie is self-employed and has $58,000 in income from her business. She also has investments that generated

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Annie is self-employed and has $58,000 in income from her business. She also has investments that generated dividends of $3,000 and interest of $2,500. What is Annie’s self-employment tax for the year?

a. $8,195.

b. $8,619.

c. $8,874.

d. $8,972.

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Fundamentals Of Taxation 2019

ISBN: 9781260158670

12th Edition

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

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Question Posted: Jun 03, 2019 05:10 AM

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Annie is self-employed and has $58,000 in income from her business. She also has investments that generated

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a 8195 F...View the full answer

Fundamentals Of Taxation 2019

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