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posted Oct 27, 2021 10:26:37 AM

Home Service Career

If I were to leave my current job and provide a home service (like interior design), how much would I have to earn before being taxed? What would be the percentage owed?

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1 Replies
Level 15
Oct 27, 2021 10:31:01 AM

If you begin working from home you will be self-employed and pay self-employment tax on your earnings over $400.   You have to pay for Social Security and Medicare yourself when you are an independent contractor.

 

https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922