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[ The following information applies to the questions displayed below. ] Rocco operates a beauty salon as a sole proprietorship. Rocco also owns and rents

[The following information applies to the questions displayed below.]
Rocco operates a beauty salon as a sole proprietorship. Rocco also owns and rents an apartment building. In 20
had the following income and expenses. You may assume that Rocco will owe $2,502 in self-employment tax on
income, with $1,251 representing the employer portion of the self-employment tax. You may also assume that his
from Svetlana was finalized in 2016.
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