Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in 2021, miranda records net earnings from self-em

In 2021, Miranda records net earnings from self-employment of $185,000. She has no other gross...

80.2K

Verified Solution

Question

Accounting

In 2021, Miranda records net earnings from self-employment of $185,000. 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 $fill in the blank 1 and she has a $fill in the blank 2 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

describe a typical unreplicated human chromosome from tip to tip

Biology
Q

With recapitulation a somatic trait can appear or a reproductive trait in development a earlier...

Biology
Q

The Calvin cycle of plants requires what inputs in order to produce sugars Choose all...

Biology
Q

Q56 NTA Test 44 Numerical One fourth length of a uniform rod is placed on...

Physics
Q

1 Lines I m and n are parallel A Find the measures in degree of...

Algebra
Q

6. The Allen Company has the following information for the Assembly Department for the month...

Accounting
Q

A company is considering purchasing factory equipment that costs $400000 and is estimated to have...

Accounting
Q

The following accounts were taken from Pattenson Inc.s unadjusted trial balance at December 31, 2017:...

Accounting
Q

Internal Audit Department play an important role in an organization. Discuss how the department can...

Accounting
Q

Problem 3 (15 Points) The adjusted trial balance of Nick Company contained the following information...

Accounting
Q

I need help with checkig second half Mini practice set 1 in introduction to accounting...

Accounting
Q

You just came back from Canada, where the Canadian dollar was worth $0.85. You still...

Finance