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Tanya Has Earnings from Self-Employment of $240,000,resulting in Self-Employment Tax

Question 13

Multiple Choice

Tanya has earnings from self-employment of $240,000,resulting in self-employment tax of $22,200 and Additional Medicare Tax of $360.Due to these taxes,Tanya will be allowed a deduction for AGI of


A) $11,280.
B) $22,560.
C) $11,100.
D) $22,200.

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