Melva Rhymer, a self-employed electrician, has Schedule C income of $180,000 during the year 2020. What is Melva's self-employment tax liability? What may Melva deduct on her Form 1040 in regards to the self-employment tax paid? Where is this amount reported?

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Melva Rhymer as a selfemployed individual is subject to selfemployment tax which consists of both th... View the full answer