1099 work and employment taxes

Subject: 1099 work and employment taxes
From: "Tom Herme" <therme -at- frontiernet -dot- net>
To: "TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com>
Date: Fri, 7 Feb 2003 12:27:16 -0600

Does anyone know what employment tax (Social Security and Medicare) a person
pays on 1099 work?
Would I be responsible for the entire approximate 15 percent? If so, does a
person get half back when completing a Schedule C at tax time?


Tom Herme
therme -at- frontiernet -dot- net


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