Posted by pete 23 on January 26, 2018 at 11:27:19 from (50.33.30.223):
In Reply to: TAX QUESTION posted by lenray on January 25, 2018 at 17:12:34:
I think a lot of people just look at the bottom line of their 1040 for total tax that a tax preparer presents them. Self employment tax and income tax along are actually two different taxes but all get added together. I haven't made enough taxable income last years to pay income tax but it doesn't take much income from self employment to have to pay self employment tax which of course is social security tax.
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Today's Featured Article - The Niagra View Mobile - Powered by a 1959 Ford Tractor - by Mark Massey. In 1959 the Niagara Frontier Transit Inc. of Buffalo, New York designed and built six Viewmobiles for the Niagara Frontier Sightseeing Inc. for use as a sightseeing ride at the Niagara Falls State Park, Niagara Falls, New York, powered by a 1959 Ford 611 Tractor.
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