Which of the Following Statements Is True for Entity Owners

question 35

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 all 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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