Question
During the tax year, Taxpayer earned $97,000 in salary from his employer. Taxpayer also conducted a self-employment activity, the net profit of which was $45,000.
During the tax year, Taxpayer earned $97,000 in salary from his employer. Taxpayer also conducted a self-employment activity, the net profit of which was $45,000. Determine Taxpayers Self-Employment tax liability for the year?
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Sound Investing, Chapter 24 - The Auditors??? Opinion
Authors: Kate Mooney
2nd Edition
0071719466, 9780071719469
