Go to www.irs.gov and print Form 1040 and Schedule SE. Complete the first page of Form 1040
Question:
Go to www.irs.gov and print Form 1040 and Schedule SE. Complete the first page of Form 1040 and Schedule SE for Angelina, a single individual, who reports $75,000 of net profit on her Schedule C from her sole proprietorship.
a. What is Angelina’s adjusted gross income?
b. What is Angelina’s self-employment tax?
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Authors: Shirley Dennis-Escoffier, Karen A. Fortin
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