Problemhong earns 127300 in her job as a physicians, Ask an Expert

Accounting

Problem:

Hong earns $127,300 in her job as a physician's assistant. She also has her own business selling cosmetics. This business generated $10,000 of earnings.

Required:

Question: What is Hong's self-employment tax for 2014?

A. $268

B. $290

C. $1,412

D. $1,530

Note: Please provide through step by step calculations.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91164672

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