Module 14: Self-Employment Income and Self-Employment Tax - I…
https://apps.irs.gov/app/understandingTaxes/hows/tax_tutorials/mod14/tt_mod14_08.jsp
The self-employment tax rate for self-employment income earned in calendar year 2014 is 15.3% (12.4% for Social Security and 2.9% for Medicare). Taxpayers pay self-employment tax on 92.35 percent of their self-employment profit up to net earnings of $117,000.
The self-employment tax rate for self-employment income earned in calendar year 2014 is 15.3% (12.4% for Social Security and 2.9% for Medicare).
Taxpayers pay self-employment tax on 92.35 percent of their self-employment profit up to net earnings of $117,000.
DA: 24 PA: 93 MOZ Rank: 4