Question 1 of 35. Self-employed taxpayers pay self-employment tax on: The gross profit of the business reduced by 15.3%. The net profit of the business. The net profit of the business reduced by 7.65%. O The tentative profit of the business. OMark for follow up Question 2 of 35. On Schedule C (Form 1040), a sole proprietor can potentially deduct after calculating the tentative profit. One-half of self-employment tax. Office-in-home expenses. Qualified business income deduction. Self-employed health insurance deduction. D Mark for follow up