Tax FAQ: Social Security, Loans, Dental Expenses, and More
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Here are some more trending questions about taxes.
How does self-employment affect social security benefits?
When you’re self-employed, part of your self-employments taxes is the Social Security tax.
Both your lifetime wages and self-employment earnings count towards your earnings history for Social Security benefits. Self-employment earnings use your net profit, so don’t go too crazy with your deductions.