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Clayton owns and operates an auto repair shop. His net profit in 2022, reported on his Schedule C, Profit or Loss from Business (Sole Proprietorship),
Clayton owns and operates an auto repair shop. His net profit in 2022, reported on his Schedule C, Profit or Loss from Business (Sole Proprietorship), was $140,000. This was Clayton's only source of income during the year. He did not claim the self-employment health insurance deduction. What is the amount of self-employment tax he must pay? $16,032$19,781$21,420$22,680 Mark for follow up
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