Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. item 7 1.44 points kyle, a single taxpayer, worked

Item 7 1.44 points Kyle, a single taxpayer, worked as a free-lance software engineer for...

80.2K

Verified Solution

Question

Accounting

Item 7 1.44 points

Kyle, a single taxpayer, worked as a free-lance software engineer for the first three months of 2019. During that time, he earned $92,000 of self-employment income. On April 1, 2019, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Inc. From April through the end of the year, Kyle earned $192,000 in salary.

What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Exam 4 Ch 8 9 10 7 5 points 8 00 11 57 TB MC...

Psychology
1.2K views

Leaders in the new nation held that voting should be restricted to citizens possessing independence of...

Basic Math
1.2K views

Simplify the following expression 4 3 2 7

Basic Math
1.2K views

2 Complete the table y 3x 2 X 1 2 4 y 1 7

Calculus
1.2K views

9 20 Use Part 1 of the Fundamental Theorem of Calculus to find the derivative...

Algebra
1.2K views

6 5 4 3 2 1 6 5 4 3 2 7 1 34 5...

Algebra
1.2K views

For what value of a does the SLLN hold for the sequence 1 o lija...

Accounting
1.2K views

https://www.chegg.com/homework-help/questions-and-answers/consolidating-international-subsidiary-year-acquisition-february-1-2019-pathway-inc-us-com-q70783048 we need answers please!

Accounting
1.2K views

Whats the importance of internal control in regards to accounting? With some examples.

Accounting
1.2K views

Swifty Company purchased, on January 1, 2017, as an available-for-sale security, $79,000 of the 11%,...

Accounting
1.2K views

The Walton Toy Company manufactures a line of dolls and a sewing kit Demand for...

Accounting
1.2K views

Blackhorse Productions, Inc., used the aging of accounts receivable method to estimate that its Allowance...