George has $83,000 in salary from his full-time position and $43,000 in net income in 2016 from

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George has $83,000 in salary from his full-time position and $43,000 in net income in 2016 from his sole proprietorship. What is his self-employment tax? What portion of this can he deduct?

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Taxation For Decision Makers 2017

ISBN: 9781119330417

7th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

Question Posted: Oct 26, 2017 03:26 AM

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George has $83,000 in salary from his full-time position and $43,000 in net income in 2016 from

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George pays 5554 and deducts 2777 George first multiplies his 430...View the full answer

Taxation For Decision Makers 2017

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