Re: Re: Taxes
So you don't report the income if the school or organization doesn't issue you a 1099??
No I report all some schools I dont earn enough for them to isssue a 1099 but it gets reported all the same.
What's the difference between SE tax and Additional SS?
There is a ~$10 SE tax seperate from the SS tax, I have to pay the medicare part of SS but through my other employment I have always been at the FICA cap so I don't pay additional if you are not at the cap you have to pay the 15% (both ends) of SS
|