For 2016, Roberta is a self-employed truck driver with earnings of $45,000 from her business. During the

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For 2016, Roberta is a self-employed truck driver with earnings of $45,000 from her business. During the year, Roberta received $2,500 in interest income and dividends of $500. She also sold investment property and recognized a $1,500 gain. What is the amount of Roberta’s self-employment tax (Social Security and Medicare taxes) liability for 2016?

a. $2,790
b. $3,443
c. $6,358
d. $6,885
e. $7,115

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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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