Answered: Darius' net income from self-employment…

Darius' net income from self-employment reported on Schedule C is $25,000. Calculate his self-employment tax. Group of answer choices $1,766 $23,088 $3,825

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter1: Federal Income Taxation—an Overview

Section: Chapter Questions

Problem 51P: Darrell is an employee of Whitneys. During the current year, Darrells salary is 136,000. Whitneys...

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Question

Darius' net income from self-employment reported on Schedule C is $25,000. Calculate his self-employment tax.

Group of answer choices

$1,766

$23,088

$3,825

$3,532

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