Post · How much should I set aside for taxes?

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Self-employment tax alone is 15.3% of net earnings.
Where does the 15.3% come from?
Worked for 6s · 2 steps

From the IRS. Self-employment tax is 15.3% of net earnings: 12.4% for Social Security and 2.9% for Medicare. It is already in the sources of this page.

irs.gov
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