Question
Stew is a self-employed surfboard-maker in 2014. His schedule C net income is $104,000 for the year. He also has a parttime job and earns
Stew is a self-employed surfboard-maker in 2014. His schedule C net income is $104,000 for the year. He also has a parttime job and earns $8,500 in wages subject to FICA taxes. Calculate Stew's self-employment tax for 2014 using Schedule SE.
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Financial Accounting Reporting Analysis And Decision Making
Authors: Shirley Carlon, Rosina Mcalpine, Chrisann Lee, Lorena Mitrione, Ngaire Kirk, Lily Wong
7th Edition
0730395294, 978-0730395294
