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John operates a sole-proprietorship business which reports $100,000 of self-employment income on Schedule of IRS Form 1040 for 2021. a. What amount of the $100,00

John operates a sole-proprietorship business which reports $100,000 of self-employment income on Schedule of IRS Form 1040 for 2021.

a. What amount of the $100,00 is subject to Self-employment Tax for 2021?

b. What is the Self-employment tax liability for 2021?

c. What amount is John entitled to deduct for AGI?

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