Which of the following types of income is subject to the self-employment tax?
A)Interest income
B)Gain on sale of real estate
C)Income from a sole proprietor's law practice
D)Dividends from stock
E)None of the above

Question

Quizplus · Accepted Answer

Income from a sole proprietor's law practice is subject to self-employment tax because it is earned through self-employment. The other types of income, such as interest income, gain on sale of real estate, and dividends from stock, are not subject to self-employment tax.

Which of the Following Types of Income Is Subject to the Self-Employment