- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Will the FICA tax apply to my self-employment net income below the standard deduction for an unmarried person with no dependents? My income was not substantial because I worked sporadically just to fund backpacking trips around the country I lived in. Really talking around $8,000 net profit in 2019. I understand the FICA tax applies to anything over 400 dollars, but if I only made so much as an employee of a company, I know all of that would be refundable. So I'm trying to make sense of what this law means.
Thanks.
March 30, 2020
3:39 PM