During 2018, Zach has net income from his sole proprietorship of $35,000. He also earned $106,600 as an employee in 2018. How much self-employment tax must Zach pay?
A) $4,905
B) $4,945
C) $5,355
D) $3,641

Question

During 2018, Zach has net income from his sole proprietorship of $35,000. He also earned $106,600 as an employee in 2018. How much self-employment tax must Zach pay?
A) $4,905 
B) $4,945 
C) $5,355 
D) $3,641

Quizplus · Accepted Answer

The Answer of During 2018, Zach has net income from his sole proprietorship of $35,000. He also earned $106,600 as an employee in 2018. How much self-employment tax must Zach pay?
A) $4,905 
B) $4,945 
C) $5,355 
D) $3,641

During 2018, Zach Has Net Income from His Sole Proprietorship