illinois self employment tax
A friend of mine only did a small amount of contract labor last year. She went to h&r block to file, got earned income credit for a child but most of it was taken for a self employment tax. What are the specifics on that and where can I find out?
Asked on 4/16/08, 5:47 pm
1 Answer from Attorneys
Re: illinois self employment tax
Take a look at www.irs.gov website.
Click "forms and publications" on the left. Then scroll down to Forms C and SE (1040) and the instructions. It will explain how self employment income is taxed.
Answered on 4/18/08, 7:48 pm
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