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Which of the Following Statements Is True for Entity Owners

Question 38

Multiple Choice

Which of the following statements is true for entity owners who pay the self-employment tax and the additional Medicare tax?


A) Both the self-employment tax and the additional Medicare tax are deductible for AGI in full.
B) Half of the self-employment tax and half of the additional Medicare tax are deductible for AGI.
C) Half of the self-employment tax and none of the additional Medicare tax are deductible for AGI.
D) None of the self-employment tax and none of the additional Medicare tax are deductible for AGI.

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