How much tax do you pay on 1099? 825 viewsOctober 10, 2022Banking and Finance 0 Sam Smith11.38K March 11, 2021 0 Comments Spread the loveSpread the love 1 Answer ActiveVotedNewestOldest 0 Blogolu28.38K Posted March 11, 2021 0 Comments Spread the loveThe IRS taxes 1099 contractors as self-employed. If you made more than $400, you need to pay self-employment tax. Self-employment taxes total roughly 15.3%, which includes Medicare and Social Security taxes. Spread the love Login
