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on s.s. do you pay taxes on gross or net amount you earn?

2007-11-08 05:09:53 · 1 answers · asked by fturfler4 1 in Business & Finance ➔ Taxes ➔ United States

1 answers

You pay on gross income if you are an employee. If you are self-employed you pay on your net profit after allowable business expenses.

2007-11-08 05:40:54 · answer #1 · answered by Judy 7 · 2⤊ 0⤋

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