In 2019 Landon has self-employment earnings of $195,000. Compute Landons self- employment tax liability and the allowable
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In 2019 Landon has self-employment earnings of $195,000. Compute Landon’s self- employment tax liability and the allowable income tax deduction of the self-employment tax paid.
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195000 x 9235 180083 FICA Social security limit 13290...View the full answer
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Related Book For
Fundamentals Of Taxation 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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