Question: Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of2024.During that time, he earned $84,000of self-employment income. On April1,2024,Kyle
Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of2024.During that time, he earned $84,000of self-employment income. On April1,2024,Kyle took a job as a full-time software engineer with one of his former clients, Hoggle Incorporated From April through the end of the year, Kyle earned $336,000in salary.
What amount of FICA taxes(self-employment and employment related)does Kyle owe for the year?
Note: Round your intermediate calculations and final answer to the nearest whole dollar amount.
Self-employment/FICA tax:
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