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WebFees paid to all STTs are reported on Form W-2. Fees paid to STCs are reported on either a Form W-2 (for staff who classify as employees under the U.S. tax classification rules) or a Form 1099-MISC (for staff who classify as independent contractors under the U.S. tax classification rules), depending upon WebFor the year 2024, the self-employment tax rate is set at 15.3% (which breaks down to 12.4% for Social Security; and Medicare at 2.9%) -- and is to be applied to 92.35% of your net earnings. Check out Bonsai's free 2024 self-employment tax calculator and see estimates of what you owe for the year. fat fish accra
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