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Author Question: Hong earns $127,300 in her job as a physician's assistant. She also has her own business selling ... (Read 67 times)

nummyann

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Question 1

Ava has net earnings from self-employment of $125,000.  She also earned salary of $170,000 from a job held earlier in the year. How much Additional Medicare Tax will be owed on the self-employment income?
◦ $0
◦ $769
◦ $855
◦ $3,625

Question 2

Hong earns $127,300 in her job as a physician's assistant. She also has her own business selling cosmetics. This business generated $10,000 of earnings. What is Hong's self-employment tax for 2016?
◦ $268
◦ $290
◦ $1,412
◦ $1,530


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Marked as best answer by nummyann on Sep 13, 2020

ecox1012

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nummyann

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


T4T

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

 

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