Question: 10 Problem 8-67 (LO 8-3) (Algo) 0.21 points Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of
10 Problem 8-67 (LO 8-3) (Algo) 0.21 points Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2021. During that time, he earned $54,000 of self-employment income. On April 1, 2021, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Incorporated From April through the end of the year, Kyle earned $200,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year? (Round your intermediate calculations to the nearest whole dollar amount.) Answer is complete but not entirely correct. Self-employment/FICA tax $ 12,781
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