Marta is an employee and her salary for the taxable year 2021 was $35,000. In that same
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Question:
Marta is an employee and her salary for the taxable year 2021 was $35,000. In that same year, Marta operated a business on her own which generated $300,000 in gross income and $75,000 in ordinary and necessary expenses.
What is the Federal Self-Employment Tax that Marta will have to pay for the taxable year 2021? Assume Marta's employer made the applicable social security withholdings.
a.$23,733
b.$0
c.$19,779
d.$19,393
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