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JC recently graduated from veterinary school and opened their own professional practice. This year, their net profit was $32,000. Assume JC does not qualify for

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JC recently graduated from veterinary school and opened their own professional practice. This year, their net profit was $32,000. Assume JC does not qualify for the QBI deduction Required: a. Compute JC's after-tax income from their practice assuming their seif-employment tax is $4,522, and their marginat 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? (8) Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Compute JC's after-tax income from their practice assuming their self-employment tax is $4,522, and their marginal income tax rate is 22 percent. Note: Round your intermediate calculations to the nearest whole dollar amount. JC recently graduated from veterinary school and opened their own professional practice. This year, their net profit was $32.000 Assume JC does not qualify for the QBI deduction. Required: a. Compute JC's after-tax income from their practice assuming their self-employment tax is $4.522, and their 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? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. What percentage of the federal tax burden on JC's business income is represented by the self-employment tax? Note: Round your answer to the nearest whole percent

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