John and Jennifer are a married couple with no dependents. In 2020, they will use the married filing jointly filing status and report the following information for the tax year:

Johns salary		$ 80,000
Jennifers Schedule C net profit		100,000
Interest income from corporate bonds		5,000

a) Show your calculation of Jennifers total self-employment (SE) tax liability related to her Schedule C net profit.

b) Show your calculation of the portion of Jennifers total self-employment (SE) tax liability you determined above in part (a) that is deductible in determining the amount of John and Jennifers adjusted gross income (AGI) for the tax year.

c) Assuming that Jennifers Schedule C net profit is considered to be qualified business income under Section 199A, show your calculation of Jennifers qualified business income deduction that will be claimed on the tax return.