Tax Employment Comment How Much SE Tax Should I Pay?

How much SE Tax should I pay? - tax employment comment

I raised $ 2376 with my regular job this year. The Fed has kept 119.82. My "hobby" that has so far raised over 33,500. I am self-employment estimated tax. ) In September (Q3 I have a payment. At this time, my gross over 25,800. My expenses are $ 1529th So far, I paid $ 3547 in estimated taxes. When the case next year, file I head for home use, as I did in the past year. I'm nervous, I will not get money for doing next year. I am also afraid that I was not sufficient, to lead in a beautiful sentence. Is there a simple method you can use to calculate, how much should I pay? What I do is my first subtract the cost of my then multiplied by 92.35%. Then multiply that number by 15.82% (15.3% SE tax + .52% of the marginal tax rate). Please be as specific as possible in your comment. Thank you in advance. If you know the cost for my son for the year would have to 5824th

2 comments:

Anonymous said...

to determine what results SCHC Ann and SE% of the correct 9235
the balance by 15.3% SE tax multiplied
half of which will reduce your gross income as a credit to
their personal exemptions are $ 3650 each and the standard deduction is $ 8350, and for each child under 17 years at home $ 1000 credit against your tax liability
Yes, there will be a deduction for child care on the basis of our gross income of not more than $ 2,000 per child
So far, it seems that you have paid (or retain) 3667 $

Anonymous said...

to determine what results SCHC Ann and SE% of the correct 9235
the balance by 15.3% SE tax multiplied
half of which will reduce your gross income as a credit to
their personal exemptions are $ 3650 each and the standard deduction is $ 8350, and for each child under 17 years at home $ 1000 credit against your tax liability
Yes, there will be a deduction for child care on the basis of our gross income of not more than $ 2,000 per child
So far, it seems that you have paid (or retain) 3667 $

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