Question: Question 1 4 Which statements are true about the self - employment tax? Check all that apply. The self - employment tax is calculated as

Question 14
Which statements are true about the self-employment tax? Check all that apply.
The self-employment tax is calculated as profit 7.65%292.35%.
The self-employment tax is calculated on sole proprietors, partners, and 2% S-corp owner/employees.
The self-employment tax is like FICA for self-employed persons.
The self-employment tax is deducted as an itemized deduction.
 Question 14 Which statements are true about the self-employment tax? Check

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