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4.Which of the following forms would a lottery winner receive for her winnings? a.Form W-4 b.Form W-2G c.Form 1099-DIV d.Form 1099-R e.Form 1099-MISC 5.For 2011,
4.Which of the following forms would a lottery winner receive for her winnings? a.Form W-4 b.Form W-2G c.Form 1099-DIV d.Form 1099-R e.Form 1099-MISC 5.For 2011, Roberta is a self-employed truck driver with earnings of $43,000 from her business. During the year, Roberta received $2,500 in interest income and dividends of $500. She also sold investment property and recognized a $1,500 gain. What is the amount of Roberta's self-employment tax (Social Security and Medicare taxes) liability for 2011? a.$3,038 b.$3,290 c.$5,281 d.$6,579 e. none of the above 6. Which of the following is not subject to self-employment tax? a.net earnings of the owner of a shoe store b.net earnings of a self-employed lawyer c.distributive share of earnings of a partnership d.gain on the sale of real estate held for investment e.net earnings of the owner of a dry cleaner
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