A self-employed individual pays their side of the tax liability and the owner’s side of the tax liability. Calculate self-employment tax, which is 15.3 percent if the individual makes up to 76.2 hundred dollars, with tips from an accountant in this free video on taxes and finances.
Expert: Doretha “Faye” Jones
Bio: Doretha “Faye” Jones has an MBA and over 20 years of accounting experience in addition to experience at Sarbanes Oxley audit support.
Filmmaker: Christopher Rokosz