Arnie and Angela are married and file a joint return in 2013. Arnie is a partner in

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Arnie and Angela are married and file a joint return in 2013. Arnie is a partner in a public accounting firm. His share of the partnership's income in the current year is $40,000, and he receives guaranteed payments of $35,000. Angela receives wages of $50,000 from a large corporation. What is each taxpayer's self-employment tax amount?
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Federal Taxation 2014 Comprehensive

ISBN: 9780133438598

27th Edition

Authors: Timothy J. Rupert, Thomas R. Pope, Kenneth E. Anderson

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