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In: Accounting

Compute the total annual tax for the following individuals. Note: Round each to the nearest cent....

Compute the total annual tax for the following individuals.

Note: Round each to the nearest cent.

  1. Alex has self-employment earnings of $55,600.

Alex's 2019 total self-employment withholding is: $

  1. Hope has self-employment earnings of $135,000.

Hope's 2019 total self-employment withholding is: $

  1. Michelle has self-employment earnings of $220,000.

Michelle's 2019 total self-employment withholding is: $

Compute the following for John who is both an employee and self-employed.

Note: Round the answer to the nearest cent.

John worked for the NFL, earning for the year $102,000. In addition, during his free time, he shoveled snow in the neighborhood, earning $39,500 for the year.

John's 2019 self-employment FICA withholding is: $

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