Section 6: Different Types of Business Structures-Scenario Based Test - Standard Block A Question 13 of 35. Juan is a self-employed business owner. How does Juan report the owner compensation for his sole proprietorship? Juan reports the owner ca Net profit on a Schedule C (Form 1040). He is subject to income tax and self-employment tax Nonemployee compensation on Form 1099-NEC, Nonemployee Compensation. He is subject to income tax and self-employment tax Pass-through, ordinary income on a Schedule K-1. He is subject to income tax only. O Wages on a Form W-2, Wage and Tax Statement. He is subject to income tax only. Mark for follow up