- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Did you have income other than the $20,000 you mentioned?
The tax rate you reported is for Federal Taxes.
Since you are self employed, you also need to pay FICA (self-employment) tax which is approximately 15%.
That is for your Federal Taxes.
State taxes:
If you are reporting that you earned all $20,000 in each state, then it is likely that you are overstating your earnings in each state. Usually a state only taxes what is earned in that state, and provides a deduction or exemption or credit for taxes paid to a different state.
I am not familiar with the states you mentioned so I can not address them specifically.
**Say "Thanks" by clicking the thumb icon in a post
March 30, 2022
6:33 PM