Response to the following:
Self-Employment Tax:
Rosemary is employed as an attorney and also operates a consulting business on the side. If her net profit reported on Schedule C was $425, how much self-employment tax would Rosemary pay ?
Self-Employment Tax:
Connor has Schedule C net profit of $10,000. Compute Connor's 2014 self-employment tax if his salary as a CPA was $136,200.