Melissa has $94,500 in salary from her full-time position and $40,000 in net income in 2019 from

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Melissa has $94,500 in salary from her full-time position and $40,000 in net income in 2019 from consulting as an independent contractor. What is her self-employment tax? What portion of this can she deduct?

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Taxation For Decision Makers 2020

ISBN: 9781119562108

10th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: May 10, 2023 06:04 AM

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Melissa has $94,500 in salary from her full-time position and $40,000 in net income in 2019 from

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Melissa first multiplies her 40000 selfemployment income ...View the full answer

Taxation For Decision Makers 2020

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