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

question 92

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 $135,000.
(a)What is Sonya's self employment tax for 2016?
(b)What is Sonya's deduction for AGI for the SE tax?

---

Definitions:

Osteocytes

Mature bone cells that maintain the bone matrix and communicate with other bone cells.

maintain bone

The process involving a balance of bone formation and bone resorption, necessary for healthy bone density and strength.

Macrophages

Immune cells that engulf and digest cellular debris, foreign substances, microbes, and cancer cells.

Phagocytosis

Phagocytosis is a cell's process of engulfing and digesting solid particles, such as bacteria, as a defense mechanism or for nutrient acquisition.