Rayburn Is the Sole Owner of a Dance Studio

question 41

Multiple Choice

Rayburn is the sole owner of a dance studio. During the current year, his net self-employment income from the dance studio is $50,000. What is Rayburn 's self-employment tax?

• A)$3,825.00
• B)$5,738.00
• C)$6,200.00
• D)$7,650.00

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