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Emily Is a Self-Employed Attorney During 2013

Question 17

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Emily is a self-employed attorney during 2013.
a.Assuming that Emily earns $20,000 from her practice,calculate the total amount of her self- employment tax liability for 2013.
b.Assuming that Emily earns $125,000 from her practice,calculate the total amount of her self- employment tax liability for 2013.

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a.$2,825.91 = $20,000 x 0.9235...

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