Question: Mona is self-employed working as a fortune teller. Her net income from this activity was $250 in 2022. Which of the following is true regarding
Mona is self-employed working as a fortune teller. Her net income from this activity was $250 in 2022. Which of the following is true regarding her self-employment (SE) tax for the year? A. She has SE tax because she was self-employed B. She has SE tax because net income was earned C. She has no SE tax since net income was less than $400 D. She has no SE tax because net income was less than $1,000
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