In 2019 Landon has self-employment earnings of $195,000. Compute Landons self- employment tax liability and the allowable

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In 2019 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 2020 Edition

ISBN: 9781260483147

13th Edition

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

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Question Posted: Dec 23, 2019 06:18 AM

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In 2019 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 13290...View the full answer

Fundamentals Of Taxation 2020 Edition

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