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Augustus1 Augustus1
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7 years ago
All of the following statements regarding self-employment income/tax are true except
A) The self-employment tax is imposed on net earnings from self-employment over $400.
B) Self-employment tax is computed separately for married individuals filing joint returns.
C) Independent contractors are subject to self-employment tax on the amount of net earnings from the self-employment activity.
D) Employees who have a business in addition to their regular employment are not subject to the self-employment tax since FICA is withheld on their wages.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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Yoko900Yoko900
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7 years ago
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Augustus1 Author
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7 years ago
I needed this so bad, I'm laughing right now from happiness
We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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