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Contract work - payments to SSA/Medicare?

Contract work - payments to SSA/Medicare?

January 23, 2009 by Guest

I earned some money through self-employment. How much money do I need to pay for these earnings, and to whom do I make payment? (I understood I had to pay something to SSA and to Medicare, and will be responsible for federal taxes, but I do not know where to send the money or how much to send!)

Please, can someone assist me?

Thanks!
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