Questions LLC
Login
or
Sign Up
Ask a New Question
Finance
Budgeting
Tax Planning
What percentage of their income should a self-employed person set aside for taxes?
15–20%
20-25%
25–30%
30-35%
1 answer
It is generally recommended that a self-employed person set aside 25-30% of their income for taxes.
You can
ask a new question
or
answer this question
.
Related Questions
Number 3. What might happen if a newly-hired person filled out a W-4 form incorrectly?
(1 point) A.That person could be placed in
what is the most likely effect on a person's income if he or she has little education and few skills?
A. the person's income will
What is one source of revenue for the federal government to pay for public goods and services?Property taxes, sale taxes, income
Why would someone choose to have extra money withheld from his paycheck for federal taxes?(1 point) Responses A person lives in
arrange the following revenues in the federal government from greatest to least.
Individual income taxes Social Security and
What is the most likely effect on a person's income if he or she has little education and few skills?
A. The person's income will
What is the reason for using progressive taxes on income? (1 point)
o Higher-income individuals are more likely to spend their
Which of these is a source of only federal tax revenue?
(1 point) Responses payroll taxes property taxes sales taxes income taxes
What is one source of revenue for the federal government to pay for public goods and services?
A Property taxes B Sales taxes C
If 10% of that paycheck was withheld for federal income taxes and another 6% for state income taxes, how much would your net (or
