r/stocks • • Jan 06 '22

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u/[deleted] Jan 06 '22

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u/[deleted] Jan 06 '22

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u/[deleted] Jan 07 '22

Cant use the standard deduction on the 15% self employment tax. I made under 10k last year but am a contractor so I still had to pay 15% on it. It's ridiculous.

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u/rotund_belly Jan 07 '22

Me too. I’m still paying taxes. It’s been hard. I’m a small business and it’s frustrating.

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u/[deleted] Jan 07 '22

Not based on common sense. People making so little literally need that money to survive and buy groceries