Alice is self employed in 2016. Her net business profit on her Schedule C for the year

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Alice is self employed in 2016. Her net business profit on her Schedule C for the year is $140,000. What is her self-employment tax liability for 2016?

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Taxation Of Individuals 2017

ISBN: 9781259548666

8th Edition

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

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Question Posted: May 23, 2017 10:00 AM

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Alice is self employed in 2016. Her net business profit on her Schedule C for the year

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A taxpayers tax base for computing a selfemployed taxpayers selfemployment tax ie net earnings ...View the full answer

Taxation Of Individuals 2017

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