Tax
How do I pay self-employment tax?
Quick Answer
Self-employment tax (15.3% — 12.4% Social Security + 2.9% Medicare) is calculated on Schedule SE based on net Schedule C profit and paid quarterly via Form 1040-ES. The Social Security portion only applies to the first $176,100 of 2025 net earnings.
Warren Team
Updated April 26, 2026
38
Warren Team
Updated April 26, 2026
38
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The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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