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Re: Self-employed: Social Security 12.4% MedCare 2.9%
Posted by Laurie Manzanares of CA on 10/21/16 5:38pm Msg #563622
Thought maybe the percentages in black and white may help some figure their earnings per assignment if they have not already reached retirement and/or collecting Social Security and Medicare benifits yet. Of course SS & Medicare payments do not include Federal and State tax man payments. $100 per assignment isn't looking that awesome after gas, paper, printing, taxes and time...etc. unless you are doing one-offs and not getting 1099 forms sent to you.

Food for thought...
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Messages in this Thread
 Self-employed: Social Security 12.4% MedCare 2.9% - Laurie Manzanares on 10/21/16 12:21pm
 Great info, Laurie. It's been brought up many times that -  MW/VA on 10/21/16 1:01pm
 Re: Great info, Laurie. It -  apsnltch on 10/21/16 3:53pm
 It mostly impacts disability insurance eligibility... - Marian_in_CA on 10/23/16 3:12am
 Re: Self-employed: Social Security 12.4% MedCare 2.9% - Laurie Manzanares on 10/21/16 5:38pm
 Re: Self-employed: Social Security 12.4% MedCare 2.9% -  JanetK_CA on 10/21/16 6:21pm



 
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