Not exact matches
Calculate this penalty first by
figuring your self -
employment tax, which is equal to 15.3 percent of your net business income up to $ 106,800, and then multiplying the
amount of tax you owe by.0266.
This
amount is
figured on Schedule SE, Self -
Employment Tax, The actual self - employment tax is figured on net earnings from self - e
Employment Tax, The actual self -
employment tax is figured on net earnings from self - e
employment tax is
figured on net earnings from self -
employmentemployment.
I think that the
amount that the husband actually earns is a far better indicator of what
figure should be used for this purpose than is achieved by averaging, particularly in an economy where
employment is sometimes scarce and where there can be wide fluctuations.