IRS

Self-Employment Tax

Self-Employment Tax

Similar to Social Security and Medicare taxes. The self-employment tax rate is 15.3 percent of self-employment profit. The self-employment tax is calculated on Schedule SE—Self-Employment Tax. The self-employment tax is reported on Form 1040, U.S. Individual Income Tax Return.

Related posts:

  1. Self-Employment Profit
  2. Self-Employment Loss
  3. Payroll Taxes
  4. Gross Income
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