Employee Verses Self- Employed
Expenses of self- employed (Independent Contractors) taxpayers, to the allowable are classified as a D for
AGI and reported on a Schedule C.
Jobs that may also be considered Independent contractors:
Licensed real estate agen
Ateneo De Zamboanga University
School of Management and Accountancy
Test I Multiple Choice (2 points each)
Instructions: Encircle the letter of your answer.
Fringe Benefits Tax
1. Basic rules on fringe benefits tax, exce