Multiple Choice
Martha is self-employed in 2016.Her business profits are $140,000.What is her self-employment tax?
A) $21,420
B) $18,754
C) $18,130
D) None of the above.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q10: When property is transferred,the gift tax is
Q27: Flow-through entities do not have to file
Q28: The federal income tax is the dominant
Q31: The tax law encompasses administrative and judicial
Q34: Which of the following is not an
Q36: A taxpayer's average tax rate is the
Q56: Individuals are the principal taxpaying entities in
Q58: Organizing a corporation as an S Corporation
Q72: All of the following are executive (administrative)sources
Q938: What does the statute of limitations mean?