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Jan

Do I need to pay self-employment tax on personal investments?

Posted by admin  Published in United States

illuminate asked: I’m self employed, but aside from my business income, I have personal investments, which have produced gains of about $20K in 2007. Do I need to pay SE tax on that or just my business income? Thanks for your help.

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3

Jan

Corporation Owner and Self Employment Taxes?

Posted by admin  Published in United States

InnovativeFlooring asked: When you write yourself a check from your corporations, is the self employment tax deducted with all the rest of the usual employee taxes and then paid quarterly? Or is it paid at the end of the year? is there any way to have it deducted each paycheck?

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