This topic contains a solution. Click here to go to the answer

Author Question: Tanya has earnings from self-employment of $240,000, resulting in self-employment tax of $21,122 and ... (Read 119 times)

HCHenry

  • Hero Member
  • *****
  • Posts: 591

Question 1

Self-employment taxes include components for
◦ Medicare hospital insurance and SUTA.
◦ Social Security and FUTA.
◦ FICA and FUTA.
◦ Social Security and Medicare hospital insurance.

Question 2

Tanya has earnings from self-employment of $240,000, resulting in self-employment tax of $21,122 and Additional MedicareTax of $360. Due to these taxes, Tanya will be allowed a deduction for AGI of
◦ $10,741.
◦ $21,482.
◦ $10,561.
◦ $21,122.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by HCHenry on Sep 13, 2020

Edwyer

  • Sr. Member
  • ****
  • Posts: 337
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.
Answer Preview
Only 29% of students answer this correctly




HCHenry

  • Member
  • Posts: 591
Reply 2 on: Sep 13, 2020
Gracias!


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

 

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

Congestive heart failure is a serious disorder that carries a reduced life expectancy. Heart failure is usually a chronic illness, and it may worsen with infection or other physical stressors.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

For a complete list of videos, visit our video library