Elaine owns and operates a home interior design business. Her self-employment tax on her 2022 Schedule SE

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Elaine owns and operates a home interior design business. Her self-employment tax on her 2022 Schedule SE (Form 1040), line 12 was $1,200. What is the amount she can deduct on Schedule 1 (Form 1040).

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

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

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Posted Date: Jan 29, 2024 11:30 PM

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Elaine owns and operates a home interior design business. Her self-employment tax on her 2022 Schedule SE

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According to the IRS selfemployed individuals can deduct the employerequivalent portion of their se... View the full answer

Income Tax Fundamentals 2013

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