George has $91,700 in salary from his full-time position and $43,000 in net income in 2017 from

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George has $91,700 in salary from his full-time position and $43,000 in net income in 2017 from his sole proprietorship. What is his self-employment tax? What portion of this can he deduct?

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Taxation For Decision Makers 2018

ISBN: 9781119373735

8th Edition

Authors: Shirley Dennis Escoffier, Karen Fortin

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Question Posted: Mar 15, 2024 03:02 AM

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George has $91,700 in salary from his full-time position and $43,000 in net income in 2017 from

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To calculate Georges selfemployment tax we first need to determine his net selfemployment income Sel...View the full answer

Taxation For Decision Makers 2018

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