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In 2020, Landon has self-employment earnings of $203,000. Required: Compute Landon's self-employment tax liability and the allowable income tax deduction of the self-employment tax paid.
In 2020, Landon has self-employment earnings of $203,000. Required: Compute Landon's self-employment tax liability and the allowable income tax deduction of the self-employment tax paid. (Round your intermediate computations and final answers to the nearest whole dollar value.) Amounts Total self-employment tax liability Self-employment tax deduction
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