Do you have to pay social security on a 1099?

social security issues : My husband was a consultant as a second job and was paid for his services. The company did not take out taxes or social security. Do we need to pay social security on this income? The form was a 1099.

The answer about: Do you have to pay social security on a 1099?

Answer by ninasgramma
Social Security tax may be owed. Medicare will be owed.

No additional SS taxes are paid on wages greater than ,500.

You report the income on Schedule C, and figure the additional Social Security and Medicare taxes on Schedule SE.

Answer by Wayne Z
When you are self-employed, social security and medicare are call “self-employment tax” and it is calculated on Schedule SE.

The consulting income is reported on Schedule C and the net flows through to the 1040 and Schedule SE.

Answer by Greg M
You bet. It has to go to schedule C (or C-EZ) which will pass through to the schedule SE. This is where he will pay his FICA (SS & Medicare).

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