John Has $55,000 of Self-Employment Earnings from a Sole Proprietorship

question 123

Multiple Choice

John has $55,000 of self-employment earnings from a sole proprietorship.John is also employed part-time by a major corporation and is paid $25,000.John's self-employment tax for 2017 is

• A)$3,886.
• B)$4,208.
• C)$7,771.
• D)$8,415.