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Business, 12.03.2020 23:30 lexylexy8583

In 2018, Maria records self-employed earnings of $135,000. Using the format illustrated in the text, compute Maria's self-employment tax liability and the allowable income tax deduction for the self-employment tax paid.

Do not round intermediate computations. Round your final answers to the dollar.

Maria's self-employment tax liability is $, and the allowable income tax deduction for the self-employment tax paid is

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In 2018, Maria records self-employed earnings of $135,000. Using the format illustrated in the text,...
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