Self-employment tax (Social Security and Medicare taxes)
Nov 9, 2025 · Self-employment tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. It is similar to the Social Security and …
Self-employed individuals tax center - Internal Revenue Service
Find information on self-employment, including when and how to file your federal tax return and make estimated payments.
Topic no. 554, Self-employment tax - Internal Revenue Service
Dec 5, 2025 · The law sets the self-employment tax rate as a percentage of your net earnings from self-employment. This rate consists of 12.4% for Social Security and 2.9% for Medicare …
About Schedule SE (Form 1040), Self-Employment Tax
Jun 24, 2025 · Information about Schedule SE (Form 1040), Self-Employment Tax, including recent updates, related forms, and instructions on how to file. Schedule SE (Form 1040) is …
Self-Employment Taxes - Taxpayer Advocate Service
Jan 7, 2022 · Once you determine the net profit from all your businesses, you’re ready to compute your SE tax, using IRS Schedule SE, (IRS Form 1040) Self-Employment Tax. The form will …
Self-employment tax - Internal Revenue Service
The Internal Revenue Code imposes self-employment tax on the self-employment income of any individual who is a U.S. citizen or a U.S. resident within the meaning of Internal Revenue Code …
This concept unit focuses on the circumstances in which an individual partner’s distributive share of income is subject to Self-Employment Contributions Act (SECA) tax, also known as self …
Instructions for Schedule SE (Form 1040) (2025) - Internal Revenue …
Schedule SE (Form 1040) must be filed with Form 1040-SS to report self-employment taxes by residents of the U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of the …
Do I have income subject to self-employment tax?
Sep 5, 2025 · Net profit or loss from self-employment income. The tool is designed for taxpayers who were U.S. citizens or resident aliens for the entire tax year for which they're inquiring.
Module 14: Self-Employment Income and Self-Employment Tax
The self-employment tax rate for self-employment income earned in calendar year is 15.3% (12.4% for Social Security and 2.9% for Medicare). Taxpayers pay self-employment tax on …