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1 Reply Latest reply: Mar 4, 2008 11:47 PM by Lighthouse24 RSS

Self Employment and Federal Tax Rates for Texas?

RenRankins9 Newbie
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I recently started working for someone who owns his own business, but I'm considered indepedent contract labor, or a "sub-contractor." I have to file my own taxes quarterly, and I need to know what percentage of my checks I need to set aside to pay said taxes. I live in Texas, so only Federal and self-employment taxes apply. Could someone please tell me the rates?

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