Find information on self-employment, including when and how to file your federal tax return and make estimated payments.

Sep 5, 2024 · Understanding self-employment tax in Colorado is crucial for anyone who works for themselves. This guide will help you navigate the complexities of self-employment taxes, …

You may need to pay self-employment tax if you’re a freelancer, an independent contractor or a small-business owner. Here’s what self-employment tax is, how it works and how you can save.

Aug 20, 2025 · If you earn at least $400 in self-employment income during the year—whether via a business that you own, a side hustle or even a hobby that helps you bring in a little extra …

Feb 14, 2025 · Self-employed? Understand the ins and outs of self-employment tax. Learn how to calculate, pay, and save on taxes with tips to minimize your tax burden.

Aug 24, 2025 · Self-employment tax refers to the FICA taxes (Social Security and Medicare) that self-employed workers owe to the IRS. While all US workers pay these taxes, the burden is …

Self-Employment Tax Calculator What is the Self-Employment Tax? Self-employment tax consists of Social Security and Medicare taxes for individuals who work for themselves. Employees …

Self-employment tax isn’t a fixed figure—it depends on your net earnings, which is your profit or loss after business deductions. For the 2025 tax year, the self-employment tax rate is 15.3%. …

Aug 21, 2025 · For 2025, the self-employment tax rate is 15.3%. You can calculate how much you’ll owe by multiplying your net earnings by 92.35%, then multiplying that amount by the …

Apr 29, 2025 · Individuals who are self-employed and earn less than $400 a year (or less than $108.28 from a church) are exempt from paying the self-employment tax. The self …