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

question 35

Essay

Lara started a self-employed consulting business in the last part of the year and earned $60,000 of self- employment income.She had been employed as manager in a consulting firm prior to starting her own business and had earned $175,000.
(a)What is Lara's Additional Medicare Tax for 2015,if any?
(b)What is Lara's deduction for AGI for the Additional Medicare Tax?


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Democratic Behaviours

Actions that promote participation, equality, and fair treatment within groups or societies.

Participative

A style or process that involves input, involvement, and collaborative decision-making with all stakeholders or team members.

Ethical Leadership

Leadership that is directed by respect for ethical beliefs and values and for the dignity and rights of others.

Sustainable Success

Achieving long-term goals in a way that considers economic, social, and environmental impacts, ensuring longevity and resilience.

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