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Probono · 07-01-2007, 04:08 PM

If you are self employed the rate is 15.3% PLUS your income tax, plus your State Tax. So the rates are higher than you think. If you have a job you only pay 1/2 of the 15.3%, still 7.6% plus your income taxes

http://www.irs.gov/businesses/small/...=98846,00.html

07-01-2007, 04:08 PM
Probono Confirmed User Join Date: Oct 2002 Location: Under the Rainbow Posts: 2,731	If you are self employed the rate is 15.3% PLUS your income tax, plus your State Tax. So the rates are higher than you think. If you have a job you only pay 1/2 of the 15.3%, still 7.6% plus your income taxes http://www.irs.gov/businesses/small/...=98846,00.html