Everything you could possibly need to know about self-employment tax is covered in this video. Who pays it, what it is, when you pay it, where you pay it at, why it exists, and how much it is. Believe it or not, self-employed individuals aren't the only people who pay "Self-employment tax". This is because the self-employment tax is known more formally as FICA taxes. Everyone with earned income pays FICA taxes including self-employed individuals, employees, and businesses on behalf of their employees.

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