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KPtoys
I'm getting old
Member since 5/05 8688 total posts
Name: Karen
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Tax related question
Does anyone know if the money a self employeed pays in during the year is tax deductable or not???
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Posted 12/29/06 1:15 PM |
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Long Island Weddings
Long Island's Largest Bridal Resource |
Michelle
My Little Yankee Fans
Member since 1/06 4018 total posts
Name:
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Re: Tax related question
Are you referring to estimated tax payments that are made quarterly?
If so no they are not, but 1/2 of the self employment tax that you pay a tthe end of the year is a deduction on your 1040.
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Posted 12/29/06 2:11 PM |
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