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Which of the following statements regarding the self - employment tax is most accurate? Multiple Choice The self - employment tax base is generally the

Which of the following statements regarding the self-employment tax is most accurate?
Multiple Choice
The self-employment tax base is generally the taxpayer's net income from self-employment (usually net income from Schedule C).
Taxpayers who report less than $600 of net income from self-employment (usually net income from Schedule C) are not required to pay self-employment taxes.
The self-employment tax base is net earnings from self-employment, which is less than net income from self-employment.
The Social Security tax limit does not apply to self-employment taxes.
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