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Business, 12.12.2019 23:31 estefaniapenalo

During the current year, eleanor earns $120,000 in wages as an employee of an accounting firm. she also earns $13,000 in gross income from an outside consulting service she operates. deductible expenses paid in connection with the consulting service amount to $3,000. eleanor also incurs a recognized long-term capital gain of $1,000 from the sale of a stock investment. she must pay a self-employment tax on:

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During the current year, eleanor earns $120,000 in wages as an employee of an accounting firm. she a...

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