Calculate stewarts self-employment tax for 2016

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Reference no: EM131916090

1a. Jenny earns $44,500 in 2016. Calculate the FICA tax that must be paid by:

Jenny:

Social Security: _______________

Medicare: ___________________

Jenny's Employer:

Social Security: ___________________

Medicare: _______________________

1b. Stewart Beauf is a self-employed surfboard maker in 2016. His Schedule C net income is $115,000 for the year. He also has a part time job and earns $9,100 in wages subject to FICA taxes.

Calculate Stewart's self-employment tax for 2016 using Schedule SE. Please complete and upload schedule SE or write here the amount per line you would find on the schedule.

Reference no: EM131916090

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