Question
22. Monica has monthly gross eamings of $7,247.00 as a self-employed curriculum developer. Determine the amount she owes to the IRS if her federal
22. Monica has monthly gross eamings of $7,247.00 as a self-employed curriculum developer. Determine the amount she owes to the IRS if her federal income tax calculation, using the percentage method, is 8169.79 plun 15%Gover $2,25-4, and she has zero withholding allowances. Note: A self-employed individual pays 12.4% Social Security tax and 2.9% Medicare tax 82, 148.75 $1,986.49 $2,296.09 82,027.53
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
