Everything you could possibly need to know about selfemployment tax is covered in this video. Who pays it, what it is, when you pay it, where you pay it at, why it exists, and how much it is. Believe it or not, selfemployed individuals aren't the only people who pay "Selfemployment tax". This is because the selfemployment tax is known more formally as FICA taxes. Everyone with earned income pays FICA taxes including selfemployed individuals, employees, and businesses on behalf of their employees.

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