3 ms·
This isn’t true at all. The only extra tax you pay as a contractor is the other 7.65% of the FICA, or $5500 here. You also get a bunch of new deductions you can
by ryanwaggoner 8y ago
This isn’t true at all. The only extra tax you pay as a contractor is the other 7.65% of the FICA, or $5500 here. You also get a bunch of new deductions you can take, including that $5500 itself.