buksoSelf-employment 15.3% Schedule SE half deductible
Not tax advice. General bookkeeping information only, checked against the official sources linked below (Canada Revenue Agency, IRS, provincial governments and Justice Laws) on Oct 17, 2026. Rules change; check with your accountant before you file.
United States
With $400 or more of net self-employment earnings you pay self-employment tax of 15.3% (12.4% Social Security on the first $184,500 for 2026, plus 2.9% Medicare). Half of it is deducted from your income (Schedule SE, then Schedule 1).
Official source: irs.gov