The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/i-know-i-have-to-pay-federal-tax-on-the-social-30660421.aspx

Subject:  Re: Self Employment Tax Date:  4/30/2013  1:53 PM
Author:  TMFPMarti Number:  118558 of 121599

I know I have to pay federal tax on the social security and retirement but is it subject to the self employment tax as well?

No. S/E tax is due only on your net income from self-employment.

Phil
Rule Your Retirement Home Fool
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us