George has $96,200 in salary from his full-time position and $43,000 in net income in 2019 from

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George has $96,200 in salary from his full-time position and $43,000 in net income in 2019 from his sole proprietorship. What is his self-employment tax? What portion of this can he deduct?

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Taxation For Decision Makers 2020

ISBN: 9781119562108

10th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: May 10, 2023 06:04 AM

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George has $96,200 in salary from his full-time position and $43,000 in net income in 2019 from

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George pays 5702 and deducts 2851 George first multiplies his 4...View the full answer

Taxation For Decision Makers 2020

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