Question
Mario is self-employed. In 2020, he earned $29,000 from his self-employment activities. This included income from one firm for $8,500 on a Form 1099-NEC as
Mario is self-employed. In 2020, he earned $29,000 from his self-employment activities. This included income from one firm for $8,500 on a Form 1099-NEC as well as $10,000 in credit card transactions reported on Form 1099-K. How much should Mario report for his gross income from his self-employment activity?
A)$8,500
B)$10,000
C)$18,500
D)$29,000
Homework please help
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Analysis Synthesis And Design Of Chemical Processes
Authors: Richard Turton, Joseph Shaeiwitz, Debangsu Bhattacharyya, Wallace Whiting
5th Edition
0134177401, 978-0134177403
