Essay
Lara started a self-employed consulting business in the last part of the year and earned $60,000 of self- employment income.She had been employed as manager in a consulting firm prior to starting her own business and had earned $175,000.
(a)What is Lara's Additional Medicare Tax for 2016,if any?
(b)What is Lara's deduction for AGI for the Additional Medicare Tax?
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(b)There is no dedu...View Answer
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Correct Answer:
Verified
(b)There is no dedu...View Answer
Unlock this answer now
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