Frieda has the following income items in 2022: Sole proprietorship income of $200,000 General partnership income of $10,000 Interest income of $50,000 What is the amount of self-employment tax that Frieda owes? (The Social Security wage base for 2022 is $147,000.)

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Calculate the selfemployment tax that Frieda owes Net selfemployment income Friedas selfemployment i... View the full answer