Rosa has a flow-through of net income from a general partnership of $160,000 for 2020. What is the amount of her self-employment tax, rounded to the nearest dollar? A) $21,120 B) $24,480 C) $21,360 D) $20,334
Rosa has a flow-through of net income from a general partnership of $160,000 for 2020. What is the amount of her self-employment tax, rounded to the nearest dollar? A) $21,120 B) $24,480 C) $21,360 D) $20,334
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 12DQ
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