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1 . Self - employment tax is calculated using the same percentage amounts as FICA Tax True False 2 . According to Publication 9 2
Self employment tax is calculated using the same percentage amounts as FICA Tax True False According to Publication Material Participation and Passive Activity are the same. True False Jackie owns a bakery and a movie theater at a shopping mall in Baltimore and a bakery and movie theater in Philadelphia. Based on all the relevant facts and circumstances, there may be more than one reasonable method for grouping Jackie's activities. Forexample, Jackie may be able to group the movie theaters and the bakeries into: you can pick mrore than one A movie theater activity and a bakery activity, One activity, Four separate activities. A Baltimore activity and a Philadelphia activity
Self employment tax is calculated using the same percentage amounts as FICA Tax
True
False According to Publication Material Participation and Passive Activity are the same.
True
False
Jackie owns a bakery and a movie theater at a shopping mall in Baltimore and a bakery and movie theater in Philadelphia. Based on all the relevant facts and circumstances, there may be more than one reasonable method for grouping Jackie's activities. Forexample, Jackie may be able to group the movie theaters and the bakeries into: you can pick mrore than one
A movie theater activity and a bakery activity,
One activity,
Four separate activities.
A Baltimore activity and a Philadelphia activity
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