What amount of self-employment tax must catherine pay 2016


Catherine Carlson is a self-employed consultant. During 2016 her net profit from her sole proprietorship is $190,000. Catherine is single and has no other source of income.

What amount of self-employment tax must Catherine pay 2016? Please show your work and explain your calculations.

What amount of self-employment tax can Catherine deduct on her 2016 federal individual income tax return? Please show your work and explain your calculations.

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