Why is my self employment tax so high

garykopp · ‎June 1, 2019

Vanessa · ‎June 1, 2019

Self-employment tax is 15.3% of your profit. You basically pay double what an employee pays as you are paying both the employee portion and the employer share.

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Vanessa · ‎June 1, 2019

Self-employment tax is 15.3% of your profit. You basically pay double what an employee pays as you are paying both the employee portion and the employer share.

**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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Why is my self employment tax so high