Definitions

self-employment tax - Investment & Finance Definition

A tax that self-employed people have to pay to cover their Social Security taxes. When people are employed, their employer pays half of the Social Security tax; if a person is self-employed, he or she has to pay the entire amount. The self-employment tax is currently around 15 percent, but is usually adjusted every year.


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  • self-employment tax

Also Mentioned In


  • nonemployment
  • misemployment
  • self-employment
  • antiemployment
  • written-statement-of-employment
  • employment-at-will
  • noncompete-clause
  • Internal Threat
  • accrued benefit
  • green-collar

Words near self-employment tax in the dictionary


  • self-elected
  • self-employed
  • self-employed income
  • self-employment
  • self-employment tax
  • self-enforcing
  • self-enrichment
  • self-esteem
  • self-evidence
  • self-evidency

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