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2. Kelly and Darryl are married. Kelly is a general partner in a successful fashion designing business. Her share of ordinary income was $119,655. Kelly
2. Kelly and Darryl are married. Kelly is a general partner in a successful fashion designing business. Her share of ordinary income was $119,655. Kelly also works part-time for a paper company. Her W-2 reported $34,862 in wages. Darryl is a successful executive and his W-2 reported $145,000 in wages.
a. Calculate Kellys self-employment tax.
b. Calculate the amount of Additional Medicare Tax that Kelly and Darryl owe based on their income.
c. Calculate Kelly and Darryls AGI.
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