sm about working as an IC - sm Posted: Jun 22nd, 2018 - 11:44 am In Reply to: as an IC - Forgot to add that-nm
If you work as an independent contractor, it's up to you to pay income and self-employment taxes (Social Security and Medicare taxes) on the payments you receive. ... You must also pay a 12.4% Social Security tax and 2.9% Medicare tax on such income.
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