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Question 28 of 75. Fritz is single and self-employed. His only source of income was a net profit of $195,000 from his business. What is
Question 28 of 75. Fritz is single and self-employed. His only source of income was a net profit of $195,000 from his business. What is the amount of Fritz's self-employment tax? $20,334 $21,702 $27,553 $29,835 Mark for follow up Question 33 of 75. All of the following types of income will be reported on Schedule C EXCEPT: O Prizes or awards received in connection with the business. Recapture of excess depreciation or $179 deductions claimed when the use of listed property drops to 50% or less Federal or state fuel tax credits or refunds. Passive rental income from a single-family home
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