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edited Jun 12, 2020 at 20:40

Thanks for looking into my post.

I am an independent contractor and I don't have any LLC or company.

Currently, I am paying 26% on the self employment tax even after contributing to SEP IRA.

Is there any way that I can reduce the self employment tax?

Please share your thought on this one.

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edited Jun 12, 2020 at 17:58

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asked Jun 12, 2020 at 17:21

Reduce Self Employment Tax

Thanks for looking into my post.

Currently, I am paying 26% on the self employment tax even after contributing to SEP IRA.

Is there any way that I can reduce the self employment tax?

Please share your thought on this one.

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