Question: Exercise 13-24 (Algorithmic) (LO. 6) In 2021, Miranda records net earnings from self-employment of $163,000. 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 $163,000. She has no other income, Determine the amount of Miranda's self-employment tax and her for AG Income tax deduction In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar. 10,720 x deduction for AGI. 21,440 X and she has a Miranda's self-employment taxis Fock Check My Wor The tax on self-employment Income is levied to provide Social Security and Medicare benefits old age, survivors, and disability insurance and hospital Insurance) for self-employed individuals
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