Saved gle, is a self-employed carpenter as well as an employee of Frame It, Inc.

Question

Saved gle, is a self-employed carpenter as well as an employee of Frame It, Inc. His self-employment net inco d a W-2 from Frame It for wages of $25,000. He is covered by his employer's pension plan, but his emp lan in which he could participate much of his self-employed health insurance premiums could he deduct for this year, if any? of Juan's self-employment taxes would be deductible? f self-employment insurance deductible nount of self-employment insurance premium deductible of self-employment taxes deductible

Explanation / Answer

100% of the Health insurance premium can be deducted to a miximum of the net income or wages (which is not shown clearly in the image).

Juan can deduct 50% of the self-employment taxes.

So, answer to part 1 is 100%

part 2 is $_____(amount is missing in the image)

part 3 is 50%

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