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Author Question: If an individual is an employee and also has self-employment income, the maximum tax base for ... (Read 54 times)

shenderson6

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Question 1

A self-employed individual has earnings from his business of $300,000.  For the earnings in excess of the $118,500, he will only have to pay the 2.9% Medicare Tax.
◦ true
◦ false

Question 2

If an individual is an employee and also has self-employment income, the maximum tax base for computing self-employment tax is reduced by the wages that are subject to the FICA tax.
◦ true
◦ false


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Marked as best answer by shenderson6 on Sep 13, 2020

Dunkey

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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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shenderson6

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Reply 2 on: Sep 13, 2020
:D TYSM


scottmt

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

 

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