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Self Employed Taxpayers Can Choose Between Claiming a Deduction or a Credit

question 54

True/False

Self employed taxpayers can choose between claiming a deduction or a credit for the employer portion of self employment taxes paid.An above-the-line deduction for the employer portion of the SE tax is available.


Definitions:

Mixed-age

An environment or grouping that includes individuals of different ages, often used in educational settings to enhance learning and social development.

Social Connectedness

The feeling of belonging and having close personal ties with others, contributing to one’s well-being.

Gender Schemas

Cognitive structures that dictate the understanding of gender roles and influence how individuals process information related to gender.

Primary Sex Characteristics

The body structures (ovaries, testes, and external genitalia) that make sexual reproduction possible.

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