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  3. 42. sue mccain is a 35-percent owner/ employee in

42. Sue McCain is a 35-percent owner/ employee in Baker Company, a qualifying S corporation....

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Accounting

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42. Sue McCain is a 35-percent owner/ employee in Baker Company, a qualifying S corporation. During the current year, the S corporation reported $100,000 of ordinary income. Determine Sue's self-employment tax liability for the year, assuming that Sue's "salary" is $50,000

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