Samuel works full-time as an architect for an employer. In addition, Samuel owns a sole proprietorship where he provides architecture services to his clients. In 2015, Samuel earned a $98,000 wage from his employer and had gross receipts of $62,000 and business expenses of $7,000 from the sole proprietorship. What is Samuels self-employment tax for 2015?

a. $8,415 b. $7,771 c. $4,137 d. $4,015

4. Andrew and Marie and married taxpayers and file a joint return. In 2015, Andrew had a salary of $60,000 and Marie had a salary of $155,000. Andrew and Marie also had the following on their 2015 return: $3,000 interest from municipal bonds, $5,000 interest from corporate bonds, $20,000 dividend income, and $35,000 long-term capital gain. What is Andrew and Maries Net Investment Income tax?

a. $950 b. $1,076 c. $2,280 d. $2,356