Which of the following is a true statement?
A)Congress allows self-employed taxpayers to deduct the employer portion of their self-employment tax.
B)To deduct expenses associated with any profit motivated activity taxpayers must maintain a high level of involvement or effort in the activity throughout the year.
C)Business activities never require a relatively high level of involvement or effort from the taxpayer.
D)All business expenses are deducted for AGI.
E)All of these are truE.See discussion of the self-employment deduction in the text.

Question

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Congress allows self-employed taxpayers to deduct the employer portion of their self-employment tax. This is a true statement as discussed in the text. The other options are false statements.

Which of the Following Is a True Statement