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Author Question: All of the following statements regarding self-employment income/tax are trueexcept: (Read 32 times)

fox

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All of the following statements regarding self-employment income/tax are true except:
◦ The self-employment tax is imposed on net earnings from self-employment when self-employment income is over $400.
◦ Self-employment tax is computed separately for married individuals filing joint returns.
◦ Independent contractors are subject to self-employment tax on the amount of net earnings from the self-employment activity.
◦ Employees who have a business in addition to their regular employment are not subject to the self-employment tax since FICA is withheld on their wages.


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Marked as best answer by fox on Sep 13, 2020

epscape

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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fox

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Reply 2 on: Sep 13, 2020
YES! Correct, THANKS for helping me on my review


zacnyjessica

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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