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    Federal Taxation
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    Exam 28: Special Tax Computation Methods,tax Credits,and Payment of Tax
  5. Question
    Jorge Has $150,000 Net Earnings from a Sole Proprietorship
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Jorge Has $150,000 Net Earnings from a Sole Proprietorship

Question 83

Question 83

Multiple Choice

Jorge has $150,000 net earnings from a sole proprietorship.Jorge's self-employment tax (rounded) for 2015 is


A) $18,711.
B) $22,950.
C) $21,194.
D) None of the above.

Correct Answer:

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