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 In 2020, Maria records self-employed earnings of $135,000

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 In 2020, Maria records self-employed earnings of $135,000. Using the format illustrated in the text, compute Maria's self-employment tax liability and the allowable income tax deduction for the self-employment tax paid. Do not round intermediate computations. Round your final answers to the nearest dollar. X, and the allowable income tax deduction Maria's self-employment tax liability is for the self-employment tax paid is $ || x. b. Select the appropriate calculation of the 2020 self-employment tax as a Microsoft Excel formula. = IF(C4*0.9235