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Which would be subject to self-employment tax for a farmer

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Reference no: EM132814721

Problem 1: Which of the following would be subject to self-employment tax for a farmer?

Option 1: Gains on the sale of livestock held for breeding.

Option 2: Gains on the sale of farmland.

Option 3: Gains on the sale of livestock raised for sale.

Option 4: Gains on the sale of livestock raised for milking

Reference no: EM132814721

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