Multiple Choice
Which of the following is a true statement?
A) Congress allows self-employed taxpayers to deduct the employer portion of their self-employment tax
B) To deduct expenses associated with any profit-motivated activity, taxpayers must maintain a high level of involvement or effort in the activity throughout the year
C) Business activities never require a relatively high level of involvement or effort from the taxpayer
D) All business expenses are deducted for AGI
E) All of these choices are correct.
Correct Answer:

Verified
Correct Answer:
Verified
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