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Sonya Started a Self-Employed Consulting Business in the Last Part

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Essay

Sonya started a self-employed consulting business in the last part of the year and earned $40,000.She had been employed as manager in a consulting firm prior to starting her own business and had earned $125,000.
(a)What is Sonya's self employment tax for 2016?
(b)What is Sonya's deduction for AGI for the SE tax?


Definitions:

Report Parts

The different sections or components that make up a report, such as the introduction, methodology, results, and conclusions.

Tense Consistency

The uniform use of verb tense within a sentence or document to ensure clarity and cohesiveness.

Transition Sentences

Sentences used in writing to smoothly connect ideas, paragraphs, or sections, facilitating a logical flow.

Active Voice

A sentence structure where the subject performs the action expressed by the verb, emphasizing the doer of the action.

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