1 What was your Taxable income 2 You are self employed If your business earns $100,000 in net income in 20X4 and pays 15 3 of that for self employment taxes (Social Security, Medicare, and Medicaid), then how much does your business earn net of self employment taxes 2 You are self employed If your ...

All amounts are in Part 1 Self employment income 100000 Self employment tax 100000 x 9235 x 153 1412 ...

1. What was your Taxable income? 2. You are self-employed. If your business earns $100,000 in net...

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1. What was your Taxable income?

4.In 2020, the employee share of Social Security tax is 7.65% on wages of up to $137,700. a) If you earn a salary of $130,000

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College Accounting A Contemporary Approach

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1. What was your Taxable income? 2. You are self-employed. If your business earns $100,000 in net...

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