close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    3. I an a consultant part time and do quarterly tax payments. Is Social Security removed from my consultant work at tax time at the end of the year?
    I an a consultant part time and do quarterly tax payments. Is Social Security removed from my consultant work at tax time at the end of the year?

    Answer this
    0  Views: 347 Answers: 1 Posted: 13 years ago
    Comment this question

      1 Answer

      Your tax due on your tax return will include your Social Security and Medicare tax payments which is 15.3% for self employed since you have to pay both sides (employer and employee).
      13 years ago. Rating: 0
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1101K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart
        466605
        questions
        722261
        answers
        785593
        users