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During 2018, Elena Generated $24,500 of Earnings on Schedule C

Question 38

Multiple Choice

During 2018, Elena generated $24,500 of earnings on Schedule C. If Elena had no other earned income, how much self-employment tax will she owe on her Schedule C net profit?


A) $3,749
B) $3,259
C) $3,009
D) $3,462

Correct Answer:

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