Question: JT ( single taxpayer ) is a software engineer who earns salary income as an employee, and also earns business income as the sole proprietor
JT single taxpayer is a software engineer who earns salary income as an employee, and also earns business income as the sole proprietor of a business that provides custom software development. In they earned $ of salary income. Consider the following two possible scenarios for :
Scenario AScenario BSalary income$$Business income loss$$
Part A What are JTs net earnings for tax purposesin Scenario A
Part BWhat are JTs net earnings for tax purposesin Scenario B
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