the reverend isaiah recieves an annual salary of $36,000 as a full-time minister. this includes...

50.1K

Verified Solution

Question

Accounting

the reverend isaiah recieves an annual salary of $36,000 as a full-time minister. this includes $4,000 designated as rental allowance. Rev isaiah is not exempt from self-employment tax. how much must he include when figuring net income for self employment?

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