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my husband is IC-self employed and he says - HopefullyHelpful

Posted: Feb 22nd, 2016 - 4:35 pm In Reply to: Independent Contractor - Help

due to having to pay self-employment taxes, he needs to make about 30% more than if he were a regular employee, to make the pay equivalent at the end of the year. So, your rate needs to be higher if you are an IC, or you're not doing yourself any favors.

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