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The Reverend Morgan receives an annual salary of $42,000 as a full-time minister. This includes $6,000 designated as rental allowance to pay utilities. Rev. Morgan

The Reverend Morgan receives an annual salary of $42,000 as a full-time minister. This includes $6,000 designated as rental allowance to pay utilities. Rev. Morgan is not exempt from self-employment tax. How much must he include when figuring net income for self-employment tax?

$48,000

$42,000

$36,000

$6,000

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