Finanzas ComercialesPregunta 1159 de 1605
Self-employment tax paid by a sole proprietor covers:
a.The contractor's bond premium
b.Social Security and Medicare contributions
c.California sales tax
d.Federal unemployment insurance only
Explicación
Self-employment tax funds the owner's Social Security and Medicare, covering both the employer and employee shares (15.3% up to the Social Security wage base) because a self-employed person has no employer to pay half. It is separate from income tax.
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Preguntas relacionadas de este tema
- In California, sales or use tax on materials a contractor consumes to fulfill a construction contract is generally:
- The California minimum franchise tax that most corporations must pay to the Franchise Tax Board each year is:
- A sole proprietor contractor reports his business profit for federal income tax on:
- A contractor who has employees must withhold from their paychecks and remit:
- The difference between an employee and an independent subcontractor matters for taxes primarily because:
- A contractor pays an unincorporated subcontractor $12,000 for services during the year. He generally must issue the subcontractor:
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Revisado por Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verificar)