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Lexa Worked as an Employee During the First Half of the Year

question 74

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Lexa worked as an employee during the first half of the year earning $65,000 of salary. Lexa's employer withheld $4,030 of Social Security tax, $943 of Medicare tax, and $0 of .9 percent additional Medicare tax. In the second half of the year, she was self-employed and she reported $180,000 of self-employment income on her Schedule
C. What amount of self-employment taxes is Lexa required to pay?


Definitions:

Inappropriate Touches

Physical contact that is not suitable or proper in a given context, often referring to unwanted or harmful touching.

Report Sexual Abuse

The act of informing authorities or responsible parties about sexual misconduct or assault, to initiate protection and legal action.

Child Sexual Abuse

An illicit act where an adult or older adolescent uses a child for sexual stimulation, which includes both contact and non-contact abuse.

Economically Disadvantaged

Individuals or groups who have less economic security and fewer economic resources than the general population, often leading to limited access to basic needs and opportunities.

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