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Tax Drill Self-Employment Tax In 2017, Miranda records net earnings from self-employment of $146,000. She has no other income. In your computations round all amounts
Tax Drill Self-Employment Tax In 2017, Miranda records net earnings from self-employment of $146,000. She has no other income. In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar. Miranda's self-employment tax is 134,831 X and she has a 9,227 X deduction for AGI Feechack Cheak My Work The tax on self-employment income is levied to provide Social Security and Medicare benefits (old age, survivors, and disability insurance and hospital insurance) for self-employed individuals
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