Self-Employed's Tax Issues

Self-Employment Tax (Social Security and Medicare Taxes)

Many times in filing, we are required to provide tax return package. Some of our clients insist they don’t have tax return package because they are self-employed. 

我们常常需要让客人提供报税记录。 有的客人坚持说他们没有， 因为他们是自雇人群。 

We so wish this is true, don’t we? Self-employment tax refers to Social Security and Medicare taxes, equivalent to those who work for others. Social Security and Medicare taxes of most wage earners are figured by their employers, whereas self-employed figure it out by filing schedule SE.  Wage earners’ half of SE taxes are paid by employers, whereas self-employed pay the whole portion. 

我们多么希望如此， 是吗？ 自雇税是社保和医保的等同税目。 社保和医保税一般是由雇主计算的， 而自雇人要自己通过Schedule E 来算。 一般雇主承付一半的社保和医保税， 自雇承付所有的税。 

Self-Employment Tax Rate

The 2010 Tax Relief Act reduced the self-employment tax by 2% for self-employment income earned in calendar year 2011. The self-employment tax rate for self-employment income earned in calendar year 2011 is 13.3% (10.4% for Social Security and 2.9% for Medicare).  The Temporary Payroll Tax Cut Continuation Act of 2011 extended the self-employment tax reduction of 2% for calendar year 2012 so the rates for 2011 remain in effect for 2012. For self-employment income earned in 2010, the self-employment tax rate is 15.3%. The rate consists of two parts: 12.4% for social security (old-age, survivors, and disability insurance) and 2.9% for Medicare (hospital insurance).

自雇税的税收是多少呢？ 2010年减税法将自雇税的税额降了2％。 自雇税的税额是13.3%. (10.4%的社保和2.9%的医保。） 2011临时减税法又将此税率延到20120年。