topic total tax due in Self employed

total tax due

atmalla — Tue, 24 Feb 2026 04:37:47 GMT

Why is the total tax due more than the percentage indicated for the tax bracket?

Re: total tax due

CatinaT1 — Mon, 17 Apr 2023 17:32:53 GMT

Are you self-employed? You pay income tax according to your tax bracket, but you also pay 15.3% self-emplyment tax.

Re: total tax due

atmalla — Mon, 17 Apr 2023 17:41:45 GMT

Thank you.

I am filing as an independent marketing consultant and received 1099-NEC and some unemployment income. Semi-retired. After deductions, the taxable income was $8k change but total tax due is $2.9K. So, was wondering!