Jorge Has $150,000 of Self-Employment Earnings from a Sole Proprietorship

question 119

Multiple Choice

Jorge has $150,000 of self-employment earnings from a sole proprietorship.Jorge's self-employment tax for 2019 is

• A)$20,497.
• B)$22,950.
• C)$21,194.
• D)$19,645.

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Definitions:

Myers-Briggs

A type indicator test that categorizes individuals into 16 personality types based on preferences in four dichotomies, intended to understand and improve how people communicate and work together.

Intuitive Type

A personality trait or preference characterized by relying on instinctive feelings rather than factual analysis in decision-making processes.

Learning New Skills

Acquiring new abilities or expertise through practice, study, or experience.

Myers-Briggs

A type of personality test based on the theories of Carl Jung, designed to identify individual psychological preferences in how people perceive the world and make decisions.