Posts Tagged ‘Self Employment Tax’

How does self-employment tax work for Sole Proprietorship?

Jason L asked: What happens if you make $20,000 through your full time job, and $0 through self employment? Do you pay $0 for the self employment tax as a self proprietor? Or, do you still have to pay using $20,000 as the total income? Please help me someone. Thanks.Kellan

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When billing a client for contract work can I add self-employment tax as a line item?

S W asked: Can I add 15.3% to my invoices to cover the self-employment tax?Wyatt

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Do I have to pay self employment tax on the rebate my Realtor gave me back from my home purchase?

jd4iam asked: I sold my home and bought a different home last year. My Realtor rebated several thousand dollars of his commission back to me on the purchase transaction.
My normal income is just a pension and my spouse and I both receive Social Security. My tax man says I do not normally have [...]

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