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Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $305,000 this year. His social security tax rate is 12.4% up to the wage
Marc Batchelor, a self-employed sales consultant, has estimated annual earnings of $305,000 this year. His social security tax rate is 12.4% up to the wage base, Medicare is 2.9%, and his federal income tax rate is 24%. How much estimated tax (in \$) must Marc send to the IRS each quarter
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Bookkeeping And Accounting
Authors: Greg Shields
1st Edition
1983673536, 978-1983673535
