In the U.S., self-employed individuals face unique tax challenges, including the need to make quarterly estimated tax ...

Self-employment tax is the payment that self-employed people and small business owners owe the federal government to fund Medicare and Social Security. It is paid in lieu of the usual payment by ...

Self-employment tax is a mix of Social Security and Medicare taxes. Use our calculator to estimate what you owe. Many, or all, of the products featured on this page are from our advertising ...

Self-employed workers are subject to federal taxes as well as a 15.3% self-employment tax on net earnings above $400. This includes gig workers driving for Uber or Lyft, delivering food or ...

and "the self-employment tax rate is 15.3% on net earnings," as opposed to the 7.65% employees would pay. The good news, however, is that the IRS "treats the employer portion of the self ...

You might not think you’re in business, but if you’re reselling items online, tutoring or pet sitting, for example, the money you make is generally considered self-employment income.

It may be a good idea to move forward with a mortgage if: Your self-employment income has been steady and growing for at least two years. You have strong credit. You can put down a sizable down ...

Self-employment can be a lot of pressure since the primary source of income is coming from your business. Here are a few tips to help you survive.

If you have a side hustle — or are full-time in business for yourself — you might qualify for self-employment tax deductions.