Lexa, a single taxpayer, 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 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 and additional Medicare tax is Lexa required to pay on her self-employment income (each component rounded to the nearest dollar)?

Question

Quizplus · Accepted Answer

The Answer of Lexa, a single taxpayer, 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 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 and additional Medicare tax is Lexa required to pay on her self-employment income (each component rounded to the nearest dollar)?

Lexa, a Single Taxpayer, Worked as an Employee During the First