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

question 27

Essay

Lara started a self-employed consulting business in the last part of the year and earned $60,000 of self- employment earnings.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 2017,if any?
(b)What is Lara's deduction for AGI for the Additional Medicare Tax?


Definitions:

Pathogens

Microorganisms that can cause disease in humans or other organisms, including viruses, bacteria, fungi, and parasites.

Timed Urine Specimen

A test requiring urine collection over a specific period, such as 24 hours, to measure various components for medical diagnosis.

Urinary Output

The amount of urine excreted by the kidneys over a specified period, important for assessing kidney and overall fluid balance.

Qualitative Specimen

A sample of material, such as body fluid or tissue, analyzed to assess the presence or characteristics of specific substances or organisms.

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