Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Self-Employment

Self-Employment Tax

Social Security and Medicare

Self-employment tax is a social security and Medicare tax primarily for people who work for themselves. It is similar to the social security and Medicare taxes withheld from the pay of most wage earners.

Social security benefits are available to people who are self-employed just as they are to wage earners. The payments of self-employment tax contribute to coverage under the social security system.

Taxi driver with his taxi.