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2. How Much Is Self-Employment Tax? - AOL

   www.aol.com/much-self-employment-tax-120001832.html

   The self-employment tax is comprised of two taxes: the Social Security tax and the Medicare tax (also known as the FICA tax). As of the tax year 2023, the FICA tax rate is 15.3% — that’s 12.4% ...

3. 15 Self-Employment Tax Deductions You Should Know - AOL

   www.aol.com/15-self-employment-tax-deductions...

   Here are a few of the most common self-employment tax deductions: 1. Self-Employment Tax Deduction. If you’re self-employed, you will end up paying more Social Security and Medicare tax than an ...

4. Misclassification of employees as independent contractors

   en.wikipedia.org/wiki/Misclassification_of...

   These taxes are generally not paid by the employer on the compensation of a worker classified as an independent contractor. Instead, the contractor is responsible for their employer's share of the taxes when paying self-employment taxes at the end of the year. [2] Classification affects whether a worker can receive unemployment benefits.

5. Everything You Need to Know About Self-Employment Tax - AOL

   www.aol.com/finance/everything-know-self...

   There's no state self-employment tax, but there's a federal one. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 ...

6. Families First Coronavirus Response Act - Wikipedia

   en.wikipedia.org/wiki/Families_First_Coronavirus...

   Employers receive refundable tax credits to offset the cost of providing employees with Emergency Paid Sick Leave, subject to certain caps. [6] The tax credit is a dollar-for-dollar reduction to the employer's portion of social security tax. [13] A self-employed individual may take their credit against their self-employment tax.

7. Purported ‘Self-Employment Tax Credit’ Is False - AOL

   www.aol.com/purported-self-employment-tax-credit...

   In addition to this fake self-employment tax credit, there are also (completely untrue) rumors being spread of a “fuel tax credit and household employment taxes” — all the more reason for ...

8. Self-employment tax - Wikipedia

   en.wikipedia.org/?title=Self-employment_tax&...

   Retrieved from "https://en.wikipedia.org/w/index.php?title=Self-employment_tax&oldid=117184441"

9. Don't try your luck with oddball tax advice, like claiming ...

   www.aol.com/dont-try-luck-oddball-tax-120126752.html

   The self-employment tax credit doesn't even exist. ... "Both are technical credits that have been mischaracterized by some as a way for average taxpayers to get a big government payment," the IRS ...