Eli is a general partner in CQG Company. For the current tax year, his share of CQG ordinary business income was $20,000, and he received a guaranteed payment of $7,000. CQG took no section 179 expense deductions. Eli had no wage income during the tax year. (Round to the nearest dollar.)

This is a two-part question.

Question 1: What is the amount of Eli's self-employment tax on his personal tax return? Question 2: What is the amount of Eli's self-employment tax deduction on his personal tax

return?

a) $3,815; $1,908

b) $4,131; $2,066

c) $3,060; $1,530

d) $2,826; $1,413