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How much total tax does Elaine pay currently as a sole proprietorship? How much less Employment tax will Elaine pay if she incorporates and makes

How much total tax does Elaine pay currently as a sole proprietorship?

How much less Employment tax will Elaine pay if she incorporates and makes a timely S election as opposed to a sole proprietorship?

How much of the business income will be issued to Elaine as a dividend under the C Corporation scenario?

What is the Corporate $-$ level tax due if she does not make an S Corporation election?

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