Exercise 11-9 (Algorithmic) (LO. 6) In 2019, Miranda records net earnings from self-employment of $189,300....
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Accounting
Exercise 11-9 (Algorithmic) (LO. 6)
In 2019, Miranda records net earnings from self-employment of $189,300. She reports no other gross income. Determine the amount of Miranda's self-employment tax and her for AGI income tax deduction.
In your computations round all amounts to two decimal places. Round your final answers to the nearest dollar.
Miranda's self-employment tax is $ and she has a $ deduction for AGI.
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