Question of Which statement i FALSE? Deres sole proprietor. She will report her business income on Schedule com 100 days www.dp.. Schedule 1 Form 1065) Mary Lou will pay income tax on meervire amount. She will not want Mary Lou is limited partner, she does not perform any vices for the day. The parti Cartoe is a wareholder in an corporation. He is 10% of the waren does not to services for . The Schedule 1 Form 120 ) Carlos will not pay self-employment on a ware of the ordinary wome. Antonia shareholder in a corporation. He owne 55% of the shares and performs services for company.com company's ordinary income wil he reported to him on Schedule K 1 F 1120) Mark for follow up Questions of Murphy owns 10% of an corporation. He does not perform services for the company. Which statement is TRUE Murphy Murphy will pay self-employment tax on guaranteed payments and his reasonable compensation Murphy will not pay any tax on his share of income unless he takes distribution Murphy will pay income tax on his share of ordinary income The company will issue Murphy Form 1099-NEC to show his income subject to tak Mark for follow up OOO Summary Save/Return Later