Self-employment tax Social Security and Medicare taxes Internal Revenue Service
The deferred payments for a portion of self-employment taxes, included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act, have expired. The act deferred payment of the employer portion of self-employment taxes attributable to Social Security for the period from March 27, 2020, through Dec. 31, 2020. It deferred payment of 50% of those…
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