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Also in the US, tack on an additional 7.65% for Social Security and Medicare taxes that would normally be paid by the employer, which is now technically yoursel

Also in the US, tack on an additional 7.65% for Social Security and Medicare taxes that would normally be paid by the employer, which is now technically yourself.

azth 11y ago
> Social Security and Medicare taxes Why do they show up as being deducted from your salary in your statements then?
- mgadams3 11y ago
  Because as a W2 employee you pay half and your employer pays half. As a W9 employee (contractor), you pay both.