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Rochelle is a general partner in Megawatt Partnership. For 2018, her schedule K-1 from the partnership reported her share of income and distributed cash as
Rochelle is a general partner in Megawatt Partnership. For 2018, her schedule K-1 from the partnership reported her share of income and distributed cash as follows
Ordinary income | $25,000 |
Cash distribution | $5,000 |
Calculate the Self-employment tax that should be paid by Rochelle.
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