Self-employment tax (Social Security and Medicare taxes)
Nov 9, 2025 · The self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% for Medicare (hospital …
Topic no. 554, Self-employment tax - Internal Revenue Service
Dec 5, 2025 · The law sets the self-employment tax rate as a percentage of your net earnings from self-employment. This rate consists of 12.4% for Social Security and 2.9% for Medicare …
Self-employed individuals tax center - Internal Revenue Service
Find information on self-employment, including when and how to file your federal tax return and make estimated payments.
Module 14: Self-Employment Income and Self-Employment Tax
The self-employment tax rate for self-employment income earned in calendar year is 15.3% (12.4% for Social Security and 2.9% for Medicare). Taxpayers pay self-employment tax on …
Understanding employment taxes | Internal Revenue Service
Determine the amount of withholding for Social Security and Medicare taxes by multiplying each payment by the employee tax rate. For the current year social security wage base limit and …
About Schedule SE (Form 1040), Self-Employment Tax
Jun 24, 2025 · Information about Schedule SE (Form 1040), Self-Employment Tax, including recent updates, related forms, and instructions on how to file. Schedule SE (Form 1040) is …
Federal income tax rates and brackets - Internal Revenue Service
Jul 8, 2025 · See current federal tax brackets and rates based on your income and filing status.
Instructions for Schedule SE (Form 1040) (2025) - Internal Revenue …
Use Schedule SE (Form 1040) to figure the tax due on net earnings from self-employment. The Social Security Administration (SSA) uses the information from Schedule SE to figure your …
You may use this method only if (a) your net nonfarm profits3 were less than $7,493 and also less than 72.189% of your gross nonfarm income,4 and (b) you had net earnings from self …
Module 14: Self-Employment Income and the Self-Employment Tax
Check your understanding of self-employment income and the self-employment tax. Indicate whether each of the statements below is true or false by clicking on the correct answer.