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You are self-employed if you operate a trade, business or profession, either by yourself or as a partner.
You report your earnings for Social Security when you file your federal income tax return. If your net earnings are $400 or more in any year, you must report your earnings on Schedule SE for Social Security purposes, in addition to the other tax forms you must file. You pay your Social Security and Medicare taxes along with your income tax. |
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Last reviewed or modified Thursday Sep 18, 2008 |
