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Subject:1099 work and employment taxes From:"Tom Herme" <therme -at- frontiernet -dot- net> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Fri, 7 Feb 2003 12:27:16 -0600
Does anyone know what employment tax (Social Security and Medicare) a person
pays on 1099 work?
Would I be responsible for the entire approximate 15 percent? If so, does a
person get half back when completing a Schedule C at tax time?
Thanks,
Tom Herme
therme -at- frontiernet -dot- net
651-463-8327
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