Re: Calculating pay rate

Subject: Re: Calculating pay rate
From: Robert Lauriston <robert -at- lauriston -dot- com>
To: techwr-l <techwr-l -at- lists -dot- techwr-l -dot- com>
Date: Sun, 23 Oct 2016 16:29:18 -0700

On W-2, the employer and employee each pay 6.2% Social Security and
1.45% Medicare. On 1099, you pay 15.3% self-employment tax.

On Sun, Oct 23, 2016 at 4:23 PM, Helen OBoyle <hoboyle -at- gmail -dot- com> wrote:
> ... A 1099 contractor pays an additional 10% of so of their income toward
> social security taxes that are normally paid invisibly by their employer if
> you are on W-2. ...
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Follow-Ups:

References:
Calculating pay rate: From: Keith Hood
RE: Calculating pay rate: From: Tammy Van Boening
Re: Calculating pay rate: From: Helen OBoyle

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