Individual Taxation: Other Taxes Flashcards
1
Q
How do you calculate SE tax?
A
Step 1. 92.35% X SE income = (T)
Step 2. (T) X 15.3% = SE tax
CPA REG 2018 (W/TCJA) > Individual Taxation: Other Taxes > Flashcards
How do you calculate SE tax?
Step 1. 92.35% X SE income = (T)
Step 2. (T) X 15.3% = SE tax
CPA REG 2018 (W/TCJA) (30 decks)