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People who are self-employed don't have deductions. True or False?

User Kiky
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People who are self-employed DO have deductions so the answer is False....they do!!
User Mirsada
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Answer:

The following statement is False.

Explanation:

If you have self-employment income, you can take the deduction for health insurance expenses incurred for yourself, your spouse, and your dependents.Since self-employed workers pay the entire tax for Medicare and Social Security.

Hence, the given statement:

People who are self-employed don't have deductions is clearly a False statement.

User Kismert
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