Thursday, August 29, 2013

What is the self-employed person’s FICA tax rate for 2013?


 
 
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What is the self-employed person's FICA tax rate for 2013?
The self-employed person's FICA tax rate for 2013 is 15.3% on the first $113,700 of net income and then 2.9% on the net income that is in excess of $113,700. The self-employed person's FICA tax rate for 2013 consists of the following: - the employee's portion of the Social Security tax, which is 6.2% of [...]



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