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J ane is a hair stylist who owns and operates a small sole-proprietorship. Lanes business income was 152,000 in 2020. a) What is the amount
Jane is a hair stylist who owns and operates a small sole-proprietorship. Lanes business income was 152,000 in 2020.
a) What is the amount of Lanes self-employment income?
b) What is the amount of his self-employment tax?
c) What is the amount of his for AGI deduction for self-employment tax in 2020?
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