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Self-Employment Tax. Anita, a single taxpayer, reports the following items for 2021: Salary $20,000 Income for serving on the Board of Directors for XYZ Corporation
Self-Employment Tax. Anita, a single taxpayer, reports the following items for 2021: Salary $20,000 Income for serving on the Board of Directors for XYZ Corporation 11,000 Consulting gross income 9,000 Expenses related to consulting practice (15,000) a. What is the amount of Anita's self-employment tax? b. How would your answer to Part a change if Anita's salary were $150,000
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