Susan Generated $55,000 of Net Earnings from the Conduct of a Tax

question 69

Essay

Susan generated $55,000 of net earnings from the conduct of a tax preparation business that she operated during the tax-filing season.She also received wages of $68,300 from her full-time job.Compute the self-employment taxes due for 2016.

---

Definitions:

Communication

The process by which individuals exchange information, ideas, and feelings through verbal or non-verbal methods.

Communication Context

The environment or situation in which communication occurs, influencing the mode, style, and effectiveness of the interaction.

Decode Message

The process of interpreting and understanding the meaning of a message received from another person or through any form of communication.

Marriages

Legally or culturally sanctioned unions between individuals that establish rights and obligations between them, and often between them and their children, and between them and their in-laws.