Solved: Why do i have to pay self employed tax if I only do this part time because I only keep one child when school is not in session
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Why do i have to pay self employed tax if I only do this part time because I only keep one child when school is not in session

 
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Level 11

Why do i have to pay self employed tax if I only do this part time because I only keep one child when school is not in session

If you earn income where taxes were not withheld, the self-employment tax is like Social Security Tax taken out on a W-2.

It will go into your social security retirement account.

Here's more info:

https://turbotax.intuit.com/tax-tips/self-employment-taxes/the-self-employment-tax/L8xXjolB4

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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Level 11

Why do i have to pay self employed tax if I only do this part time because I only keep one child when school is not in session

If you earn income where taxes were not withheld, the self-employment tax is like Social Security Tax taken out on a W-2.

It will go into your social security retirement account.

Here's more info:

https://turbotax.intuit.com/tax-tips/self-employment-taxes/the-self-employment-tax/L8xXjolB4

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

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