In 2013, Amelia has wages of $45,000 and net income from a small unincorporated business of $70,000.

Question:

In 2013, Amelia has wages of $45,000 and net income from a small unincorporated business of $70,000.
a. What is the amount of Amelia's self-employment (SE) tax and deduction for AGI for her SE tax?
b. How would your answer to Part a change if Amelia's wages were $120,000 rather than $45,000?
c. In the year 2012, determine Amelia's SE tax liability if she then earned wages of $45,000 and SE income of $70,000?