How much self-employment tax would pay


Response to the following:

Self-Employment Tax:

Rosemary is employed as an attorney and also operates a consulting business on the side. If her net profit reported on Schedule C was $425, how much self-employment tax would Rosemary pay ?

Self-Employment Tax:

Connor has Schedule C net profit of $10,000. Compute Connor's 2014 self-employment tax if his salary as a CPA was $136,200.

 

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Taxation: How much self-employment tax would pay
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