Question
Alice is single and self-employed in 2019. Her net business profit on her Schedule C for the year is $190,000. What is her self-employment tax
Alice is single and self-employed in 2019. Her net business profit on her Schedule C for the year is $190,000. What is her self-employment tax liability and additional Medicare tax liability for 2019? (Round your final answer to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.)
Self-employment tax liability:
Additional Medicare tax liability:
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Accounting And Financial Management For Residential Construction
Authors: Emma Shinn
5th Edition
0867186356, 978-0867186352
