Which of the following statements regarding tax payments is true?
A. Sole proprietors are not required to pay income tax or self-employment tax until the return is filed.
B. Sole proprietors must make quarterly estimated payments of income tax and self-employment tax.
C. Sole proprietors must make quarterly estimated payments of income tax, but self-employment tax is not due until the return is filed.
D. Sole proprietors must make quarterly estimated payments of self-employment tax, but income tax is not due until the return is filed.
Answer: B
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