DianeW777
Expert Alumni

Get your taxes done using TurboTax

It depends.  If you are referencing a  W-2, then you will see this in box 6. If you want to know the amount of medicare tax on self employment net profit see the formula below.

  • Calculate Self-employment tax (net profit x .9235 x .153 = SE tax) - This is both social security (12.4%) and medicare (2.9%)  tax.

@wmplct 

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