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New Member
posted May 31, 2019 5:32:27 PM

What would taxes be on 30,000 from a 1099 after all deductions

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1 Replies
New Member
May 31, 2019 5:32:29 PM

For self-employment income there is a FICA tax of 15.3% (the 12.4% of Social Security tax plus the 2.9% of Medicare tax). There is also a Medicare surtax that applies to higher income taxpayers. So if the surtax does not apply to you $4,590.