Samantha has graduated from law school and decided to open her own professional practice. In the...
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Samantha has graduated from law school and decided to open her own professional practice. In the current year (2022), her net profit was $30,000. If Samantha's self-employment tax is $4,500 and the marginal income tax rate is 22%, determine the percentage of the federal tax burden on Samantha's business income that is represented by the self-employment tax. (Round your final answer to zero decimal places) 45% Samantha has graduated from law school and decided to open her own professional practice. In the current year (2022), her net profit was $30,000. If Samantha's self-employment tax is $4,500 and the marginal income tax rate is 22%, determine the percentage of the federal tax burden on Samantha's business income that is represented by the self-employment tax. (Round your final answer to zero decimal places) 45%
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