1.Annie is self-employed and has $49,900 in income from her business. She also has investments that generated dividends of $3,200 and interest of $2,600. What is Annies self-employment tax for the year?

2.

Kelly is a self-employed tax attorney whose practice primarily involves tax planning. During the year, she attended a three-day seminar regarding new changes to the tax law. She incurred the following expenses:

Lodging	$	475
Meals		84
Course registration		425
Transportation		225

Required:

1. How much can Kelly deduct? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
2. Kelly believes that obtaining a CPA license would improve her skills as a tax attorney. She enrolls as a part-time student at a local college to take CPA review courses. During the current year, she spends $1,875 for tuition and $375 for books. How much of these expenses can Kelly deduct?