Sandy is a self-employed health information coder.She has net earnings (profit)from her business of $71,200.Her self-employment taxes for the year are: (Round your answer to 2 decimal places. )

Name: Sandy is a self-employed health information coder.She has net earnings (profit)from her business of $71,200.Her self-employment taxes for the year are: (Round your answer to 2 decimal places. )
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sandy's self-employment taxes are 15.3% of her net earnings, so her taxes are $71,200 x 0.153 = $10,893.60.

Sandy Is a Self-Employed Health Information Coder