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Ere
Returning Member

Taxes

tax

posted
‎June 19, 2025 11:16 AM
last updated ‎June 19, 2025 11:40 AM
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xmasbaby0
Level 15
Level 15

Taxes

Sounds like you need legal advice from your own divorce attorney.   Independent contractors pay self-employment tax for Social Security and Medicare---about 15.3%.    And the person who pays the contractor uses the amount they paid to the contractor as a deduction.    Claiming that a divorce settlement is payment as an independent contractor would be fraudulent.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
‎June 19, 2025 11:21 AM
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