Self-employment Tax Explained

[@blueskiesandgreenpasturesp3848]

I love having these extra bits of information about why things are the way they are. Thank you for these videos.

[@sajjadalhdabi9679]

I have been waiting for this lecture to be discussed, thank you so much, Professor Farhat

[@AccountingLectures]

Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/

[@Majjo1773]

Great explanation professor, thank you.

[@AccountingLectures]

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[@stacyrobinson5668]

Thank you so much! You are awesome and showing how to look at a problem more than one way, which helps those of us who learn in different ways!!

[@AccountingLectures]

Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/

[@makeupbynayanika]

I have a question in example 1 - does he not get a deduction for one half of the Medicare tax? 1.45%?

[@sukanya2365]

In first example 30000 subject to Medicare tax and additional Medicare tax is should only 92.35%of self employment income right?

[@Funnyfindshow]

In 2024, Mr. K had $120,000 in wages subject to Social Security tax and $50,600 in net earnings from self-employment. What is the amount of K’s self-employment tax for 2024 (rounded to the nearest dollar)? ... after seeing yr video I was able to grasp the concept but however I am not able to understand this very question .. can pls explain how to solve this sir !!

[@selasigbemu3147]

Prof, I'm a CA from Ghana. I'm interested in writing CPA. I need education on my eligibility, please

[@AccountingLectures]

Most welcome. Please check my website for more. Start your free trial : farhatlectures.com/