Who is responsible for payment of self-employment tax on fees received by a prof

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Question

Who is responsible for payment of self-employment tax on fees received by a professional fiduciary?
A. Non-professional fiduciaries, on fees they receive. B. The estate. C. The beneficiaries, on pro-rata basis. D. The professional fiduciary. Who is responsible for payment of self-employment tax on fees received by a professional fiduciary?
A. Non-professional fiduciaries, on fees they receive. B. The estate. C. The beneficiaries, on pro-rata basis. D. The professional fiduciary. Who is responsible for payment of self-employment tax on fees received by a professional fiduciary?
A. Non-professional fiduciaries, on fees they receive. B. The estate. C. The beneficiaries, on pro-rata basis. D. The professional fiduciary.

Explanation / Answer

The answer is given below:

B. The estate.

The trade and the business among the asset of estate is responsible for payment of self-employment tax.

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Who is responsible for payment of self-employment tax on fees received by a prof

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