Income tax photo
http://xmpp.3m.com/accounting+for+income+taxes+research+paper WebSelf-Employment Tax It’s important not to forget about the self-employment tax. Self-employment tax is 15.3% of your total pre-tax profit (12.4% for Social Security and 2.9% for Medicare). You will pay this tax when you file your federal tax return. The self-employment tax covers your portion of Medicare and Social Security.
Income tax photo
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