You'll need to sign in or create an account to connect with an expert.
If you are referring to income from self-employment, yes if you have net income from self-employment you will owe self-employment taxes which is both the employer and employee share of Social Security taxes and Medicare taxes.
If you are an employee and receive a W-2 then the SS and Medicare taxes are withheld from your wages by your employer and reported on the W-2 in boxes 4 and 6.
You can log into your social security account any time and check your work history. It takes a few months for the current tax year to show up.
If you are self-employed, the SSA gets your qualifying income from line 4c of your Schedule SE provided to them by the IRS.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
Phillymcgregor
New Member
LEGRAY
New Member
leylarizkallah
New Member
lynnepuls
Level 1
nwbertrand
New Member