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use 2019 tax laws 4. Sam is single, under 65, and has no children. He claims a standard deduction. He has his own business: Consulting
use 2019 tax laws
4. Sam is single, under 65, and has no children. He claims a standard deduction. He has his own business: Consulting Income 150,000 12.000 Rent Travel Country club dues 10,000 6,000 Miles are 3,000 driven throughout the year Meals Supplies 4,000 3,000 Federal estimated tax payments 20,000 Compute his tax due or refund. Be sure to compute his self-employment tax and qualified business income deductionStep by Step Solution
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