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I am a freelancer and wonder at what dollar amount an employer needs to withhold for taxes and social security?

Dana Keller

in Student Loans

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Whitney Matthews on February 22, 2018

An employer withholds 7.65%, which contributes 7.65%. As a free-lancer, it is likely that is not an employee but a contractor. Therefore, you must pay self-employment tax, which is 15.30% (7.65% X 2).


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