For 2018, Hong earns $128,500 in her job as a physician's assistant. She also has her own business selling cosmetics. This business generated $10,000 of earnings. What is Hong's self-employment tax for 2018?

For 2018, Hong earns $128,500 in her job as a physician's assistant. She also has her own business selling cosmetics. This business generated $10,000 of earnings. What is Hong's self-employment tax for 2018?

A) $268

B) $290

C) $1,412

D) $1,530


A)       $268

Business

You might also like to view...

Rolling Hills Construction Rolling Hills Construction Co assigns overhead to specific jobs based on actual direct labor cost (dollars). The following information is available for the month of June: Estimated direct labor hours 2,000 hours Estimated direct labor cost per hour $12/hour Estimated overhead costs $3,000 Actual direct labor hours 2,300 hours Actual direct labor cost per hour $13/hour

Actual overhead costs $3,300 Refer to the Rolling Hills Construction information above. The predetermined overhead rate for the month of June is: A) $0.125 per direct labor dollar B) $1.250 per direct labor dollar C) $0.110 per direct labor dollar D) $8.000 per direct labor dollar

Business

Sabrina just received a toy for her seventh birthday.She is describing all the things she likes and dislikes about the new toy.What type of customer is Sabrina?

a. engaged user b. end user c. early adopter d. decision maker

Business

An administrative agency must always use formal procedures to resolve matters

a. True b. False Indicate whether the statement is true or false

Business

If a party to an arbitration agreement wants to avoid arbitration by going to court, a court may not force the party to arbitrate their claim

a. True b. False Indicate whether the statement is true or false

Business