@manbeing Do you also have W2 income? Then there is a max for the Social Security part of the SE Tax.
You are paying 15.3% for…..
SS for employer 6.2%
SS for employee 6.2%
Medicare for employer 1.45%
Medicare for employee 1.45%
If you also have W2 income, you have to break out the Social Security and Medicare taxes. Only the Social Security part maxes out.
