Article Date:
March 2006


Word Count:
121

 

 

Self-Employment Tax


I absolutely love this publication. It is without a doubt the best one I have ever purchased. However, the February 2006 (Vol. 15, No. 2) issue has an error. See “In the News,” Pg. 1, Col. 3: The $94,200 self-employment base does not generate $14,413 self-employment tax. Instead, it generates only $13,310 due to the 7.65% reduction before applying the 15.3%. The resulting tax percent is 14.13% computed as follows: (15.3% x 92.35%). (K.G., Fayettesville, OH)

 

You are absolutely correct. We ... Log in to view full article.

Log in to view full article
Already a subscriber?
 
Email Address

 
Password

Log In Send me my password

You'll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter

Not yet a subscriber?
 
with a money-back guarantee