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Peta-kay is self-employed and has net earnings of $2,000

Accounting

Peta-kay is self-employed and has net earnings of $2,000. How much will Peta-Kay owe in self-employment tax? O $306.00. O $153.71. O $0. O $282.59. Question 25 1 pts Which of the following refers to tax revenue exceeding annual expenditures? Federal income tax. Federal surplus. O Federal deficit. O U.S. debt. Question 26 1 pts Which of the following is more valuable for the taxpayer? O $1,000 tax deduction. O $1,000 tax credit. O A tax credit and a tax deduction are the same value. O Kiddie tax credit. Question 27 1 pts Mia drove 3,000 miles for medical appointments, and the medical-related mileage rate is $0.17. How much is her mileage deduction? O $1,000. O $510. O $500 O It's not deductible.

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