Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. exercise 11-9 (algorithmic) (l0.6) in 2020, mirand

Exercise 11-9 (Algorithmic) (L0.6) In 2020, Miranda records net earnings from...

60.1K

Verified Solution

Question

Accounting

image
Exercise 11-9 (Algorithmic) (L0.6) In 2020, Miranda records net earnings from self-employment of $163,000. She has no other gross income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar. Miranda's self-employment tax is $ and she has a $ deduction for AGI

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Define and describe the key process flow and actions in place for an agreement to be converted...

Civil Engineering
Q

short answer questions 3：Velocity and Acceleration Describe the method used to calculate an object's velocity and acceleration....

Physics
Q

1 3 5 2 25 9 3 A body executes simple harmonic motion The potential...

Physics
Q

ram shores A BDF its medians centroid H and the lengths of of the subsegments...

Geometry
Q

A physician whose patient suffers from severe arthritis wrote a prescription for 100 mg of...

Basic Math
Q

1 The graph below represents the value of Lucas investments which average 8 annual returns...

Algebra
Q

the ones i didnt full is because im stuck in those parts ...

Accounting
Q

Pharoah Corporation provides the following information about its defined benefit pension plan for...

Accounting
Q

VIRTUAL GAMING SYSTEMS Income Statements For the years ended December 31 2022 2021 Net sales...

Accounting
Q

Explain in detail different types of torts and examine the relevance of tort law for...

Accounting
Q

Exercise 11-6 On January 1, Concord Corporation had 62,700 shares of no-par common stock issued...

Accounting
Q

Imagine that you are the sole owner of a 1-year old startup company. Your have...

Accounting