Explain why self-employed taxpayers generally pay double the amount of FICA taxes that regular wage earners do.

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Fundamentals Of Taxation 2015

ISBN: 9781259293092

8th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone

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Question Posted: Feb 04, 2016 05:46 AM

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Explain why self-employed taxpayers generally pay double the amount of FICA taxes that regular wage earners do.

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The FICA tax is a matching tax in that generally is paid by ...View the full answer

Fundamentals Of Taxation 2015

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