Monday, January 11, 2010

Income Tax Deduction Calculator Any Way To Reduce My Self-employment Tax That I Pay Without Decreasing My Income?

Any way to reduce my Self-employment tax that I pay without decreasing my Income? - income tax deduction calculator

I know that self employment tax is 15.3 percent.I earn $ 70,000 per year, and I am independent. I have one 1099 forward, that my income. I have one of these computers online Turbo Tax and had more deductions. To do nothing about the income, but stated that it had nearly 10,000 in self-employment tax. Is it possible to avoid having to pay or reduce it easy? Thank you.

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