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A Worker May Prefer to Be Treated as an Independent

Question 40

Multiple Choice

A worker may prefer to be treated as an independent contractor (rather than an employee) for which of the following reasons:


A) Avoids the overall limitation (50%) as to business meals.
B) All of the self-employment tax is deductible for income tax purposes.
C) Work-related expenses of an independent contractor are deductible for AGI.
D) A Schedule C does not have to be filed.
E) None of these.

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