Alice is self employed in 2014. Her net business profit on her Schedule C for the year

Question:

Alice is self employed in 2014. Her net business profit on her Schedule C for the year is $140,000. What is her self-employment tax liability for 2014?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

Question Posted: