Problem #7 Shanita is a self-employed event planner. She has net earnings (profit) from her business of $63,220. Her self-employment taxes for the year are? (Show Your work!)

Problem #8 Venkat is age 32, single, and reported AGI of $67,000 in tax year 2019. He is an active participant in his employer's pension plan. What is the maximum deductible IRA contribution he can make in 2019? (Show your work!)