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lab6
lab6 lab6
  • 09-02-2017
  • Mathematics
Answered

People who are self-employed don't have deductions. True or False?

Verified Answer :

JoshuaG2
JoshuaG2 JoshuaG2
  • 09-02-2017

People who are self-employed DO have deductions so the answer is False....they do!!

Answer Link
virtuematane virtuematane
  • 25-02-2019

Answer:

The following statement is False.

Step-by-step explanation:

If you have self-employment income, you can take the deduction for health insurance expenses incurred for yourself, your spouse, and your dependents.Since self-employed workers pay the entire tax for Medicare and Social Security.

Hence, the given statement:

People who are self-employed don't have deductions is clearly a False statement.

Answer Link

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