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c/solo-biz-tax-talkknight.umaknight.uma8d agoProlific Poster

Got hit with a surprise self-employment tax bill today... ouch

3 comments

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3 Comments
henryr45
henryr457d ago
Wait, like $4,000 or something crazy? I got hit with a $2,600 bill last year and I almost fell out of my chair. I thought I was doing everything right with my quarterly payments too. Man, that self-employment tax really sneaks up on you when you least expect it.
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alex820
alex8207d ago
That 15.3% really adds up fast when you're not looking.
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smith.lee
smith.lee7d ago
Did you set aside enough for the IRS's self-employment tax rate of 15.3%?
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