Question: Exercise 13-24 (Algorithmic) (LO. 6) In 2021, Miranda records net earnings from self-employment of $156,400. She has no other income. Determine the amount of Miranda's

Exercise 13-24 (Algorithmic) (LO. 6)

In 2021, Miranda records net earnings from self-employment of $156,400. She has no other income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction.

In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar.

Miranda's self-employment tax is $_______ and she has a $______deduction for AGI.

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