Ask a Question

Is $10,000/year taxed higher when you are self employed vs an employee?

+1 vote
Is a self employed person with $10,000/yr in revenue taxed at a higher rate than someone who is paid $10,000/yr as an employee of someone else?
asked Jun 12, 2012 in Tax Accounting by anonymous
retagged Jun 13, 2012 by losmurfs
   

1 Answer

+5 votes
The taxes would effect 2013 reultsas of now......but if IBM's gets it pushed throughcongress under bipartisan ship. So if its resolved/ passed before Christmaswhich zobama wants to have done...if it passes before 12-24-2012 then this yrs tax will take effect. Otherwise no pass not til 2013
answered Aug 30, 2013 by bbrown Inquisitive Expert (97,580 points)

Categories

ExplainPlease on Facebook

75,014 questions

48,874 answers

1,169 comments

84,591 users

CuriousGirl313,480
BobTheAnswerGuy310,070
smartguy111,120
charlie100,740
bbrown97,580
answerwiz94,860
The.Sage93,460
amanda0192,460
kfox83,500
lsmith82,840
...