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Understand self-employment tax obligations from the IRS

The official IRS page explaining self-employment tax: the 15.3% rate (12.4% Social Security + 2.9% Medicare), who must pay, how to calculate, and the deduction for the employer-equivalent portion.

Source: Internal Revenue Service (IRS)articleApplies to: 2025
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Last reviewed: 2026-11-01Federal / General