Essay
Sonya started a self- employed consulting business in the last part of the year and earned $40,000. She had been employed as manager in a consulting firm prior to starting her own business and had earned $135,000.
a. What is Sonya's self employment tax for 2018?
b. What is Sonya's deduction for AGI for the SE tax?
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Correct Answer:
Verified
Her employee wages from her prior job e...View Answer
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