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Self-Employment Tax (Tax Law)

Sat, 26 Mar 2005 14:04:00 GMT

Self-Employment Tax

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  • Mon, 25 Apr 2005 21:01:00 GMT(1)
  • Self-employment tax is typically paid as part of the federal tax return. Some states may also have self employment tax. Self-employment tax is a social security and Medicare tax for individuals. You usually get a deduction for half of self employment tax paid if you meet certain guidelines.
    http://www.ssa.gov/pubs/10022.html
    Click for information. Tax is payable if net income from self employment is $400 or more.
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Tax Law Open Questions

Self-employment

What is the name of your state? New York I need infomation on paying taxes as a self-employed individual. Currently, I am an employee but I would like to return to my old job as a taxi driver. I would be self-employed and I need to know how to figure my adjusted gross income. Basically, as a......

Self-employment

What is the name of your state?CO. I am going into business as a self-employed independent contractor. My first job is scheduled in January so I will not see any revenue until after the first of the year. However, I have spent money in 2004 setting up my home office, bought supplies, etc., etc.......

self-employed vs. employee issues @ my company

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Self-Employed vs. Contract Employed

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Self-Employed Taxes / Filing Jointly

I am self-employed and am filing quartlerlies. I recently married. Assuming that my husband and I file jointly in 2003, do I need to adjust my quarterly tax payment? Thanks....

Self-Employed Taxes / Filing Jointly

I am self-employed and am filing quartlerlies. I recently married. Assuming that my husband and I file jointly in 2003, do I need to adjust my quarterly tax payment? Thanks....

Self-employed income

What is the name of your state? MN I work full-time and also consult on the side. I read the following on irs.gov http://www.irs.gov/businesses/small/article/0,,id=108327,00.html Self-employed individuals must file their returns (reporting their self-employment income) within three years of the......

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