I started working only part time as a "nanny" and homemaker. My yearly "salary" is $7200 ($600/mo.). What taxes are due or how much (percentage) should I put away?:confused:
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I started working only part time as a "nanny" and homemaker. My yearly "salary" is $7200 ($600/mo.). What taxes are due or how much (percentage) should I put away?:confused:
No income taxes will be due.
Self-employment tax is 15.3%, about $92 per month.
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