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Author Question: Lara started a self-employed consulting business in the last part of the year and earned $60,000 of ... (Read 106 times)

bobthebuilder

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on: Sep 13, 2020

Question 1

The itemized deduction phase-out, which has the effect of increasing regular taxable income for high income taxpayers, will also raise AMTI.
◦ true
◦ false

Question 2

Lara started a self-employed consulting business in the last part of the year and earned $60,000 of self- employment income. She had been employed as manager in a consulting firm prior to starting her own business and had earned $175,000. 
(a) What is Lara's Additional Medicare Tax for 2016, if any?
(b) What is Lara's deduction for AGI for the Additional Medicare Tax?
Federal Taxation 2017 Individuals ¦ Pope, Rupert, Anderson ¦ 30th Edition
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Marked as best answer by bobthebuilder on Sep 13, 2020

micaelaswann

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Reply #1 on: Sep 13, 2020
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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bobthebuilder

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Reply 2 on: Sep 13, 2020
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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