You are taxed on IC just like your
Posted By: KC on 2009-04-30
In Reply to: IC SS taxes - LissyLou
other job. I work both as an employee and IC also. I just have an extra $10 held out of my taxes at my FT job and that usually covers all my taxes as an IC at is is only a PT job and I don't really make that much with it.
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- IC SS taxes - LissyLou
- You are taxed on IC just like your - KC
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taxed on net income
You take off all your deductions and pay the SS on the net business income. Then you take that income, deduct half of the SS, your personal deductions and pay federal income tax on that net.
LOL! Yes Bama is its own little sin-taxed planet!
LOL!
I meant to say *US firms are NOT taxed to the max* ! nmsg
*
23K a year - not taxed. Women must walk behind the men, be quiet, and cover their face and head.
They would send me back home in about 2 days or just plain shoot me. I would never make it there.
I checked into it a while back and that was the salary then. It could be more now.
They do set you up with a home and housekeeper free of charge for the length of your stay. I know I would not adjust to their way of life, especially having to walk behind the men and being quiet about everything!
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