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Predict the major product of the reaction shown below.
Self-Employment Tax
A tax primarily for individuals who work for themselves, covering Social Security and Medicare taxes.
Sole Proprietor
An individual who owns and operates a business alone, assuming complete responsibility for all assets and liabilities.
Consulting Practice
A professional business operation offering expert advice within a specific field to organizations or individuals.
Form 941
A tax form used by employers to report quarterly federal tax withholdings from their employees, including income tax, Social Security, and Medicare taxes.
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