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Assume that Courtney received $100,000 of taxable compensation from EWD in 2021, and she received $180,000 in self-employment income from her weekend consulting activities. What

  • Assume that Courtney received $100,000 of taxable compensation from EWD in 2021, and she received $180,000 in self-employment income from her weekend consulting activities. What amount of self-employment taxes and additional Medicare tax is Courtney required to pay on her $180,000 of business income? Assume that Courtneys employer correctly withheld $6,200 of Social Security tax, $1,450 of Medicare tax, and $0 of additional Medicare tax.

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