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Author Question: Joan earns $110,000 in her job as a physician's assistant. She also has her own business selling ... (Read 22 times)

waynest

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Question 1

If an individual is liable for self-employment tax, a portion of the self-employment tax is
◦ a for AGI deduction.
from AGI as an itemized deduction.
◦ a Schedule C business expense.
◦ nondeductible.

Question 2

Joan earns $110,000 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 Joan's self-employment tax for 2016?
◦ $1,530
◦ $1,322
◦ $1,412
◦ $268


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Marked as best answer by waynest on Sep 13, 2020

pangili4

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waynest

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Reply 2 on: Sep 13, 2020
Excellent


xoxo123

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Reply 3 on: Yesterday
Gracias!

 

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