I read Tax Reform Punishes W-2 Employees—Get Even!
If the salesperson reports his or her W-2 wages on Schedule C in order to avoid loss of all employee business expenses, does he or she get any credit for the FICA taxes withheld from the W-2?
Also, would he or she get any credit for the employer matching the FICA taxes?
If not, it seems that a large part of the tax savings could be lost through the additional self-employment taxes the salesperson would pay.
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