Question
Robert earned $20,000 of profit from a sole proprietorship in 2018. If he also has $118400 of salary income, how much self-employment tax will he
Robert earned $20,000 of profit from a sole proprietorship in 2018. If he also has $118400 of salary income, how much self-employment tax will he owe?
A. 1820
B. 1776
C. 536
D. $580
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Financial Accounting Tools For Business Decision Making
Authors: Donald E. Kieso, Paul D. Kimmel, Jerry J. Weygandt
8th Edition
1119316022, 978-1119316022
