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Please give me only the answers to the following questions. There is a part A & part B. Thank you! Module 8 HW i Saved

Please give me only the answers to the following questions. There is a part A & part B. Thank you!

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Module 8 HW i Saved Help Save & Exit Submit Check my work 5 JC recently graduated from veterinary school and opened their own professional practice. This year, their net profit was $26,500. Assume JC does not qualify for the QBI deduction. 0.45 Required: points a. Compute JC's after-tax income from their practice assuming their self-employment tax is $3,744, 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? eBook Complete this question by entering your answers in the tabs below. Print Required A Required B References Compute JC's after-tax income from their practice assuming their self-employment tax is $3,744, and their marginal income tax rate is 22 percent. Note: Round your intermediate calculations to the nearest whole dollar amount. After-tax income Module 8 HW i Saved Help Save & Exit Submit Check my work 5 JC recently graduated from veterinary school and opened their own professional practice. This year, their net profit was $26,500. Assume JC does not qualify for the QBI deduction. 0.45 Required: points a. Compute JC's after-tax income from their practice assuming their self-employment tax is $3,744, 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? eBook Complete this question by entering your answers in the tabs below. Print Required A Required B References 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. Self-employment tax %

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