Oh, that was assuming they pay you as a independent contractor on a 1099Misc or 1099NEC and not as a W2 employee with taxes taken out.
Self employment tax info......
Self Employment tax (Scheduled SE) is automatically generated if a person has $400 or more of net profit from self-employment. You pay 15.3% SE tax on 92.35% of your Net Profit greater than $400. The 15.3% self employed SE Tax is to pay both the employer part and employee part of Social Security and Medicare. So you get social security credit for it when you retire.
