Alternative Minimum Tax AMT adjustments due to timing differences For real property placed in service after 1986 difference between MACRS and ADs
Alternative Minimum Tax • AMT adjustments due to timing differences – For real property placed in service after 1986, difference between MACRS and ADS
Alternative Minimum Tax AMT adjustments due to timing differences For personal property placed in service after 1986 difference between MACRS deduction and the amount determined by using 150% DB method
Alternative Minimum Tax • AMT adjustments due to timing differences – For personal property placed in service after 1986, difference between MACRS deduction and the amount determined by using 150% DB method
Self-employment Tax Distinction between independent contractor and an employee is important Self-employed individuals are subject to self-employment 回酒a? tax on the amount of net earnings from the self- 州 H APPLE CIDER RR SALE 2 employment TTU 回· Employees who have a small business in addition to regular employment may also be subject to the self- employment tax
Self-employment Tax • Distinction between independent contractor and an employee is important • Self-employed individuals are subject to self-employment tax on the amount of net earnings from the selfemployment • Employees who have a small business in addition to regular employment may also be subject to the selfemployment tax