Which of the Following Statements Regarding a Sole Proprietorship Is

Which of the following statements regarding a sole proprietorship is false?

A) A sole proprietorship is an unincorporated business operated by one individual.
B) Taxable income from a sole proprietorship is reported on Schedule D of the proprietor's individual income tax return.
C) Sole proprietors are entitled to deduct 50 percent of self-employment tax paid.
D) None of the above statements are false.

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