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When you have a business or you perform a service and you receive payment, that is considered self-employment. When you file your income taxes sometime between December 31 and April 15, you will complete a schedule for self-employment, which will give you the rate you are required to pay. This and other tax questions and issues can be answered on the IRS website, www.irs.gov.

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16y ago
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Q: How do you pay yourself and what are the taxes on that income?
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