Alice is owner of Alice's restaurant. She is a sole proprietor. Her net income from the restaurant is $125,000. Alice lives in the church nearby the restaurant, in the bell-tower, with her husband Ray and Fasha the dog in Stockbridge Mass. Ray has wages of $60,000. They are both under 65, take the standard deduction, and have no dependents. The restaurant profits and Ray's wages are their only sources of income.

What is the amount of self-employment tax on Alice's income?

What is Alice and Ray's AGI?

What is Alice and Ray's Taxable Income?