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JC recently graduated from veterinary school and opened her own professional practice. This year, her net profit was $22,000. Compute JC's after-tax income from her
JC recently graduated from veterinary school and opened her own professional practice. This year, her net profit was $22,000. Compute JC's after-tax income from her practice assuming: 22 a. Compute JC's after-tax income from her practice assuming her self-employment tax is $3,109, and her marginal income tax rate is 22 percent. b. What percentage of the federal tax burden on JC's business income is represented by the self-employment tax? 4 points Complete this question by entering your answers in the tabs below. 01:44:30 Required A Required B eBook Compute JC's after-tax income from her practice assuming her self-employment tax is $3,109, and her marginal income tax rate is 22 percent. (Round your intermediate calculations to the nearest whole dollar amount.) After-tax income Required B Required A
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