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Use the above figure to answer the following question(s) .
-The above diagram represents a single
Casualty
A sudden, unexpected, or unusual event that causes damage or loss, often used in reference to natural disasters for tax deduction purposes.
Self-Employment Tax
This is a charge including Social Security and Medicare dues, principally aimed at those working independently.
Form 1040
Form 1040 is the U.S. federal income tax form used by individuals to file their annual income tax returns with the Internal Revenue Service (IRS).
Schedule SE
The tax form used by self-employed individuals to calculate the taxes owed on net earnings from self-employment.
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