Alice is single and self-employed in 2023. Her net business profit on her Schedule C for the year is $190,000. What are her self-employment tax liability and additional Medicare tax liability for 2023? Note: Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable Self-employment tax liability Additional medicare tax liability
Alice is single and self-employed in 2023. Her net business profit on her Schedule C for the year is $190,000. What are her self-employment tax liability and additional Medicare tax liability for 2023? Note: Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable Self-employment tax liability Additional medicare tax liability
Chapter6: Business Expenses
Section: Chapter Questions
Problem 59P
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![Alice is single and self-employed in 2023. Her net business profit on her Schedule C for the year is $190,000.
What are her self-employment tax liability and additional Medicare tax liability for 2023?
Note: Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.
Self-employment tax liability
Additional medicare tax liability](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F46924923-9b5d-45ba-84b0-ebcd9a2f5d66%2F9ee68e81-80cb-4968-8872-25e684c10ace%2Fls91cs1_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Alice is single and self-employed in 2023. Her net business profit on her Schedule C for the year is $190,000.
What are her self-employment tax liability and additional Medicare tax liability for 2023?
Note: Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.
Self-employment tax liability
Additional medicare tax liability
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