Pablo earns $85,000 from his regular job as a salesman and an additional $60,000 from his sole proprietorship in 2018. What is his self-employment tax (rounded to the nearest dollar)?
A) $20,487.85
B) $17,980.00
C) $5,381.60
D) $6,988.49

Question

Pablo earns $85,000 from his regular job as a salesman and an additional $60,000 from his sole proprietorship in 2018. What is his self-employment tax (rounded to the nearest dollar)?
A) $20,487.85 
B) $17,980.00 
C) $5,381.60 
D) $6,988.49

Quizplus · Accepted Answer

The Answer of Pablo earns $85,000 from his regular job as a salesman and an additional $60,000 from his sole proprietorship in 2018. What is his self-employment tax (rounded to the nearest dollar)?
A) $20,487.85 
B) $17,980.00 
C) $5,381.60 
D) $6,988.49

Pablo Earns $85,000 from His Regular Job as a Salesman