1414.Self-Employment Tax

1414.1When do self-employed people pay self-employment tax?

If you are self-employed, you must pay the self-employment tax quarterly to IRS. You must pay any balance due when you file your Federal income tax returns on or before the 15th day of the fourth month following the end of your taxable year. (If you have a calendar tax year, this means on or before April 15th.)

1414.2How does SSA obtain a record of earnings?

IRS reports the earnings to us for posting to the earnings record.

1414.3Where can you obtain additional information on net earnings from self-employment?

For details about figuring net earnings from self-employment, including the optional ways of figuring net earnings which self-employed persons can use, see Chapter 12.