3 ms·
Federal + FICA for self-employed is barely 30% for that income and state is going to be well under 10%. Flat tax states will be 3-5% (or 0%) and even California
by pc86 6y ago
Federal + FICA for self-employed is barely 30% for that income and state is going to be well under 10%. Flat tax states will be 3-5% (or 0%) and even California is barely 5% effective rate.