- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
However, because your earnings were self-employed , you would also be subject to Self-Employment Tax ( 15.3% of net earnings for Social Security and Medicare ). even on the excluded amount.
This is very helpful, thanks! I believe this part is why I was confused about being qualified for the exclusion, however, I was still being taxed.
ā€ˇFebruary 13, 2020
4:47 AM