Solved

Jorge Has $150,000 of Self-Employment Earnings from a Sole Proprietorship

Question 25

Multiple Choice

Jorge has $150,000 of self-employment earnings from a sole proprietorship.Jorge's self-employment tax (rounded) for 2017 is

A) $19,790.
B) $22,950.
C) $21,194.
D) $19,462.

Related Questions

Q20: Lee and Whitney incurred qualified adoption expenses

Q24: Beth and Jay project the following taxes

Q27: Lara started a self-employed consulting business in

Q28: Carlotta,Inc. ,has $50,000 foreign-source income and $150,000

Q29: During the year,Jim incurs $500,000 of rehabilitation

Q30: Lavonne has a regular tax liability of

Q49: Timothy and Alice,who are married with modified

Q58: In lieu of a foreign tax credit,a

Q111: The general business credit includes all of

Q123: Bob's income can vary widely from year-to-year