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When a person is self-employed: a. They pay self-employment tax on gross receipts. b. They pay self-employment tax on 92.35% of net income. c. They

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When a person is self-employed: a. They pay self-employment tax on gross receipts. b. They pay self-employment tax on 92.35% of net income. c. They pay self-employment tax on their total taxable income. d. They pay self-employment tax instead of income tax

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