n 2020, Miranda records net earnings from self-employment of $158,500. She has no other income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction. In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar. Miranda's self-employment tax is $fill in the blank 1 and she has a $fill in the blank 2 deduction for AGI.
n 2020, Miranda records net earnings from self-employment of $158,500. She has no other income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction. In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar. Miranda's self-employment tax is $fill in the blank 1 and she has a $fill in the blank 2 deduction for AGI.
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 22CE
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In 2020, Miranda records net earnings from self-employment of $158,500. She has no other income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction.
In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar.
Miranda's self-employment tax is $fill in the blank 1 and she has a $fill in the blank 2 deduction for AGI.
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ISBN:
9780357109731
Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT