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QUESTION 17 Calculate the total Social Security and Medicare tax burden on a sole proprietorship earning 2018 profit of $300,000, assuming a single sole proprietor.

QUESTION 17

Calculate the total Social Security and Medicare tax burden on a sole proprietorship earning 2018 profit of $300,000, assuming a single sole proprietor. (2018 basis is $128,400).

Social Security Tax ?

Medicare Tax ?

Additional Medicare tax ?

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