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Retirement tax questions
If you have ANY Self-Employment income....that is taxed at ~15% for SS and Medicare taxes......BEFORE the regular income tax is applied. So, the blended rate of your Regular income tax plus the SE tax can bump the blended rate waaaay up.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
March 17, 2025
8:12 AM