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  3. Study Set
    Federal Taxation
  4. Exam
    Exam 14: Special Tax Computation Methods, tax Credits, and Payment of Tax
  5. Question
    Joe Has $130,000 Net Earnings from a Sole Proprietorship
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Joe Has $130,000 Net Earnings from a Sole Proprietorship

Question 8

Question 8

Multiple Choice

Joe has $130,000 net earnings from a sole proprietorship.Joe's self-employment tax (rounded) for 2013 is


A) $17,581.
B) $18,368.
C) $19,890.
D) None of the above.

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