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self-employment tax rate is 15.3% what is included in the self-employment tax rate ...

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Accounting

self-employment tax rate is 15.3% what is included in the self-employment tax rate
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Chapter 7, a self-study chapter, covered both additional income and adjustments to income to determine the taxpayer's total income and adjusted gross income. In this review, you will be asked about adjustments to income such as educator expenses, contributions to a health savings accounts (HSA), alimony payments, and other topics covered in this chapter. 0 of 7 Answered Question 1 Frank is an active duty member of the U.S Navy. He has a permanent change of station due to military orders. Which of Frank's moving expenses would be allowed? a Unreimbursed costs of moving his household goods to tithew duty station. b The cost of looking for a new place to live in his new duty station. c. The cost of a side trip he took on the way to his new duty station. The self-employment tax rate is 15.3%. What is included in self-employment tax? FUTA and SUTA tax on net income from self-employment Social security tax and FUTA tax on net income from self-employment Social security tax and medicare tax on gross income from self-employment. Social security tax and medicare tax on net income from self employment

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