Which of the Following Statements Regarding Tax Payments Is True

Multiple Choice

Which of the following statements regarding tax payments is true?

A) Sole proprietors must make quarterly estimated payments of income tax, but self-employment tax is not due until the return is filed.
B) Sole proprietors must make quarterly estimated payments of self-employment tax, but income tax is not due until the return is filed.
C) Sole proprietors must make quarterly estimated payments of income tax and self-employment tax.
D) Sole proprietors are not required to pay income tax or self-employment tax until the return is filed.