All of the Following Are Self-Employment Income Except

question 64

Multiple Choice

All of the following are self-employment income except

• A)net income of a sole proprietorship.
• B)dividends received by a corporate shareholder.
• C)fees received for serving as a director of a corporation.
• D)distributive share of partnership income from a partnership operating a business.

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Definitions:

Lichens

Symbiotic organisms composed of a fungus and a photosynthetic partner, often an alga or cyanobacterium.

Photochemical Oxidant

Chemical compounds formed by the reaction between sunlight and pollutants like hydrocarbons and nitrogen oxides, contributing to air pollution and smog.

Ozone

A molecule composed of three oxygen atoms, found in the Earth's stratosphere, where it absorbs and protects against harmful ultraviolet radiation.

Radon-222

A naturally occurring radioactive gas produced by the decay of uranium in the Earth's crust, known for its health risks, particularly lung cancer, when accumulated in buildings.