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For each of the following individuals, calculate the applicable self-employment tax. Assume that each individual files tax returns under Married Filing Jointly status. NOTE: For

For each of the following individuals, calculate the applicable self-employment tax. Assume that each individual files tax returns under Married Filing Jointly status. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1: Annabelle Jefferson earns net self-employment income of $43,500. She does not work a second job.

Self-Employment tax = ______

2: Alexander Ryan earns net self-employment income of $115,000. He works a second job from which he receives FICA taxable earnings of $44,000. Self-Employment tax = ______

3: Morgan Cruise earns net self-employment income of $221,000. She works a second job from which she receives FICA taxable earnings of $103,700.00. Self-Employment tax = ______

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