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Business, 24.09.2019 03:00 lolyan555

Ben is employed as a carpenter and his wife, marilyn, is a self-employed consultant. besides ben’s salary, ben and marilyn own a condominium that they rent to tourists and do not use personally. this year they paid $2,200 for utilities in the condo. marilyn also paid self-employment tax of $4,200 and ben had $3,000 of social security taxes withheld from his pay. which of the following is a true statement? a. one-half of ben's social security tax is deductible for agi
b. the cost of utilities is deductible for agi
c. marilyn's self-employment tax is not deductible
d. only the $2,200 utility bill is deductible for agi
e. none of the above is true

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Ben is employed as a carpenter and his wife, marilyn, is a self-employed consultant. besides ben’s s...
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