During 2018, Robin has net income from his sole proprietorship of $25,000. He also earned $109,900 as

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During 2018, Robin has net income from his sole proprietorship of $25,000. He also earned $109,900 as an employee in 2018. How much must Robin pay for self-employment tax?
a. $2,137
b. $2,788
c. $2,964
d. $3,825

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Taxation For Decision Makers 2019

ISBN: 9781119497288

9th Edition

Authors: Shirley Dennis Escoffier, Karen A. Fortin

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Question Posted: Apr 17, 2019 06:38 AM

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During 2018, Robin has net income from his sole proprietorship of $25,000. He also earned $109,900 as

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c 2964 Robin first multiplies his 25000 selfemployment income by 9235 25000 9235 2308750 Robin ...View the full answer

Taxation For Decision Makers 2019

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