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Tanya Has Earnings from Self- Employment of $240,000, Resulting in Self-

Question 1574

Multiple Choice

Tanya has earnings from self- employment of $240,000, resulting in self- employment tax of $22,350 and Additional Medicare Tax of $360. Due to these taxes, Tanya will be allowed a deduction for AGI of


A) $11,355.
B) $11,175.
C) $22,350.
D) $22,710.

Correct Answer:

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