Question
Alice is single and self-employed in 2023. Her net business profit on her Schedule C for the year is $192,800. What are her self-employment
Alice is single and self-employed in 2023. Her net business profit on her Schedule C for the year is $192,800. What are her self-employment tax liability and additional Medicare tax liability for 2023? Note: Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable. Answer is complete but not entirely correct. Self-employment tax liability $ 25,456 x Additional medicare tax liability $ 0
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Essentials Of Federal Taxation 2018
Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver
9th Edition
1260007642, 978-1260150292, 1260150291, 978-1260007640
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