What is the amount of self-employment tax

Reference no: EM13672710

What is the amount of self-employment tax that would be paid by Andy for the year assuming he earned $104,600 while working as an employee of Car Company, $3,000 in interest, $2,500 in dividends and an additional $20,000 from a sales business he owns?

Reference no: EM13672710

Questions Cloud

Personal media technology dependency : Summarize your media use - totals, types of media you used the most, day you used the most media, the least media, time of day you use media most often, etc.

Method of moments : Method of moments solution to scattering from a rough surface for a TM wave begins with the integral solution to the wave equation.

What should the auditor do : What should the auditor do

Calculators delivered in satisfaction of customer orders : Calculators delivered in satisfaction of customer orders

What is the amount of self-employment tax : What is the amount of self-employment tax

Prepare the journal entry to record investment : (a) Assume Sanford joins the partnership by investing $140,000 for a 25% interest with bonuses to the existing partners. Prepare the journal entry to record his investment.

Increase the suspended loss amount available to pete : Increase the suspended loss amount available to Pete.

Question on international accounting : Question on International Accounting.

What is their taxable income : 1.Lisa and Luis, ages 43 and 38, are married and file a joint return. In addition to having FOUR dependent children (Yandra, Kayanna, Niosha and Lisbec), Lisa and Luis have adjusted gross income ("AGI") of $90,000 and itemized deductions of $2..

User Account

All Pages