1099-NEC
I did online tutoring. I am based in Texas and the company was out of Missouri. I am retired and drawing Social Security already (full retirement age). Do I have to pay the SS tax like a self employed?
I did online tutoring. I am based in Texas and the company was out of Missouri. I am retired and drawing Social Security already (full retirement age). Do I have to pay the SS tax like a self employed?
Yes. Even if you are receiving Social Security benefits, if you have income from working at a W-2 job or from self-employment, you are still subject to paying in to Social Security and Medicare. Your tutoring income is self-employment income.
If you have self-employment income for which you will pay self-employment tax for Social Security and Medicare, you will need to use online Premium software or any version of the desktop software download so that you can prepare a Schedule C for your business expenses.
https://ttlc.intuit.com/community/self-employed/help/what-is-the-self-employment-tax/00/25922
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