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Ava Has Net Earnings from Self-Employment of $125,000

question 10

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Ava has net earnings from self-employment of $125,000.She also earned salary of $170,000 from a job held earlier in the year.How much Additional Medicare Tax will be owed on the self-employment income?

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Definitions:

Coupon Bond

A bond that entitles the holder to receive a fixed interest payment (coupon) at regular intervals until maturity, at which point the principal is repaid.

Yield To Maturity

The expected overall yield on a bond when it is kept until it matures.

Market Price

The actual selling price of a good or service in the marketplace at any given time.

Face Value

The nominal or original value printed on a security or financial instrument, such as a bond or stock certificate, indicating its worth at issuance.

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