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23. (2.0 points) Molly, single, is self-employed. She reported $102,000 of self-employment income as her net business income from her sole proprietorship business in
23. (2.0 points) Molly, single, is self-employed. She reported $102,000 of self-employment income as her net business income from her sole proprietorship business in 2021. The amount of self-employment tax (rounded) Molly is required to pay for 2021 is: a. $11,680. b. $12,648. C. $14,412. d. $15,606. e. none of the above.. 24. (2.0 points) Alan purchased his personal residence for $300,000 on June 1, 2021. He is employed full-time as a CPA at Henley & Anderson, CPAs, where his business office is located. If Section 179 is NOT elected and bonus depreciation is NOT claimed, the maximum depreciation Alan can deduct in 2021 on his personal residence is: a. $2,087. e. ROUG b. $2,434. C. $4,173. d. $0. none of the above.
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