Solution-Compute the henwood self-employment taxes on the

Compute the henwood self-employment taxes on the income

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Reference no: EM132622018

Ralph Henwood was paid a salary of $64,600 during 20-- by Odesto Company. In addition, during the year Henwood started his own business as a public accountant and reported a net business income of $70,000 on his income tax return for 20--. Compute the following:

Question a. The amount of FICA taxes that was withheld from his earnings during 20

Question b. Henwood's self-employment taxes on the income derived from the public accounting business for 20

Reference no: EM132622018

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Compute the henwood self-employment taxes on the income

Reference no: EM132622018

Reference no: EM132622018

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