One of the Tax Advantages of Being Self-Employed (Rather Than

Multiple Choice

One of the tax advantages of being self-employed (rather than being an employee) is:

A) The self-employment tax is lower than the Social Security tax.
B) The cutback adjustment does not apply.
C) The actual cost method for deducting the business use of an automobile can be selected.
D) Job-related expenses are deductions for AGI.
E) A deduction for an office in the home is available.