self-employment tax

Similar to Social Security and Medicare taxes. The self-employment tax rate is 15.3 percent of self-employment profit. The self-employment tax is calculated on Schedule SE, . The self-employment tax is reported on Form 1040, .


Selected self-employment tax links:

Related terms: tax help, tax relief, tax attorney, IRS tax help
© 2004 TheTaxDictionary.com.   If you have comments or additions that you wish to make, please email us.  If you found this site useful, feel free to tell others or link to it from your site!  TheTaxDictionary.com is a purely informational website, and should not be used as a substitute for professional legal, medical or technical advice.