If passed, the tax would be levied on top of San Francisco’s existing ride-hailing charge, which is 1.5% for shared rides and 3.25% for solo rides. Uber and Lyft both … To sum up, Uber Eats drivers in Canada need to be careful and diligent when it comes to filing taxes and HST. This guide provides the steps you need to follow to comply with the Canadian tax laws and report your Uber Eats income correctly. You can also benefit from the deductions and credits that are available to you as a self-employed person. Eligible tax deductions for Uber drivers in Australia include: Vehicle expenses (including deprecation, car lease payments or loan interest) Fuel expenses. Vehicle insurance and registration costs. Car repairs. Cleaning costs. Parking fees and tolls while on a trip. Mobile phone & plan expenses. Fees paid to Uber.Jan 7, 2024 · The mileage Uber tracks for you. These days, the Uber driver app attempts to track all the miles you drive while you have the app open: your online miles. These can include the miles you drove on the way to a pickup, with a passenger — or UberEats delivery — in the car, and while waiting for your next trip. (This hasn’t always been the ... You can find tax information on your Uber profile – we’ll provide you with a monthly and annual Tax Summary. Your annual Tax Summary should be available around mid-July. … Moreover, the new york self employment tax is considered as a tax write off for Uber Drivers. Although the tax is charged on a taxpayer’s business profit, the IRS counts the "employer" half of the self-employment tax, or 7.65% (calculated as half of 15.3%), as a business deduction for purposes of calculating that Uber Drivers’s income tax. Any self-employed income you earn will need to have Income Tax paid on it. ATO calculate your income tax rate by summing the total of all your sources of income (including PAYG/Salary jobs, together with self-employed income, investment income etc) and then applying their standard tax rates. The income tax rates for PAYG earners and self ...Request a ride for now or later. Add your trip details, hop in, and go. Enter location. Enter destination. See prices. Go where you want. Get what you need. All with Uber One. One membership for member pricing and experiences on rides, deliveries and more.GST/HST obligations for delivery service drivers. Generally, if you only provide delivery services, you must register for a GST/HST account, and collect and remit taxes …Any self-employed income you earn will need to have Income Tax paid on it. ATO calculate your income tax rate by summing the total of all your sources of income (including PAYG/Salary jobs, together with self-employed income, investment income etc) and then applying their standard tax rates. The income tax rates for PAYG earners and self ...Reuters. A smartphone displays a Klarna logo in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/ File photo. (Reuters) - Sweden's Klarna on …Jan 7, 2024 · The mileage Uber tracks for you. These days, the Uber driver app attempts to track all the miles you drive while you have the app open: your online miles. These can include the miles you drove on the way to a pickup, with a passenger — or UberEats delivery — in the car, and while waiting for your next trip. (This hasn’t always been the ... This Uber fare estimator gives you the latest fare estimates directly from Uber, but surge pricing can be confusing. Stay updated on surge pricing and see all the differences between Uber and Lyft on our complete list. Uber Share Price. Uber has been publicly listed since May 9, 2019, on NYSE and peaked at $63.18 on February 10, 2021. FICA contributions are shared between the employee and the employer. 6.2% of each of your paychecks is withheld for Social Security taxes and your employer contributes a further 6.2%. However, the 6.2% that you pay only applies to income up to the Social Security tax cap, which for 2023 is $160,200 ($168,600 for 2024).Income tax calculators updated for 2022 tax year March 11, 2022. All Canadian income tax calculators are updated for 2022 taxation year. Most provinces and all territories indexed their tax brackets and basic …Apr 5, 2017 · Use this service to estimate how much Income Tax and National Insurance you should pay for the current tax year (6 April 2024 to 5 April 2025). This tells you your take-home pay if you do not have ... Uber & Rideshare Drivers: ALL rideshare drivers must register for GST, because the ATO has special tax laws for taxi and rideshare drivers. The usual GST Registration threshold of $75,000 threshold does not apply, instead we must register for GST from the first dollar we earn. UberEats & Food Delivery Drivers: The ATO’s special rules only ...Sales tax breakdown. HST on Uber rides 11636.40 . Uber rdies service fee 18118.73. Incentive 18118.73. Now out of these total information, I want to know 1- that my HST which 11636.40 is included in the Gross uber rides or not . 2- …pay calculator. Use this calculator to quickly estimate how much tax you will need to pay on your income. This calculator is always up to date and conforms to official Australian Tax Office rates and formulas. Use the 'Tax Year' drop down to preview the 2024-25 tax rate changes proposed in January 2024.Rideshare accounting and tax advice and guide to New Zealand rideshare driving for companies like Uber/Zoomy/Ola/Uber Eats etc. Tax returns for taxi and courier drivers. New announcement. ... Tax is calculated We get your taxes underway. We calculate everything correctly but also minimise tax bills as much as possible!Gather the necessary information, such as annual tax summary from Uber Eats and receipts for tax-deductible expenses. Use the T2125 form (Statement of Business or Professional Activities) , specifically designed for self-employed individuals, to report your income and business-related expenses.Upfront Fares. In some cities, you can see how much you’ll make and where you’ll go before you accept a trip. Upfront Fares are calculated based on current driving conditions, like destination and demand. If there’s unexpected traffic and the trip gets a lot longer, your fare will increase.Step 1: Calculate your gross income from rideshare driving. You may receive two 1099 forms from Uber or Lyft, but not always. Form 1099-K. Starting in 2022, you should receive a 1099-K if you generated over $600 in customer payments. Form 1099-NEC.Welcome to our Accounting Firm We've created a unique, more personal approach to lodge GST and tax returns With a community of over 2000 users we have created a unique platform to lodge Rideshare Uber/Didi/Ola and Taxify Gst and Tax Returns for Individuals, Sole Traders, Companies, Partnership and Trusts. See our services below For …This Is How Much Federal Tax You Owe on Income Between $36,900 and $89,350: $6.83Upfront Fares. In some cities, you can see how much you’ll make and where you’ll go before you accept a trip. Upfront Fares are calculated based on current driving conditions, like destination and demand. If there’s unexpected traffic and the trip gets a lot longer, your fare will increase. A 1099 tax calculator takes into account your income, expenses, and deductions to determine your tax liability. By inputting your 1099 income, along with any business expenses and deductions, the calculator can provide an estimate of how much you owe in taxes. Additionally, a 1099 tax calculator can help you plan for future tax payments by ... Jul 27, 2021 · With so many people looking to hail a ride, the Big Apple’s Uber drivers have the potential to make up to $30.35 an hour. Doing the math for a 40-hour work week, that’s $1,214 a week and $63,128 a year for picking up and dropping off passengers. Major city. Median Uber earnings per hour. Earnings per 40-hour week. For 2024, the standard mileage rate is 67 cents per mile. To estimate quarterly tax payments, drivers can follow these steps: Calculate the net income from Uber earnings and other sources. Deduct eligible business expenses, such as …What do I do with my 1099s? First Time Receiving a B-Notice from Uber. Second Time Receiving a B-Notice from Uber. Uber. Explore support and customer service resources to find solutions for Restaurant and Merchant issues.Use the Uber price estimator to find out how much a ride with Uber is estimated to cost before you request it. Get a cost estimate now.Uber Tax Calculator. The Uber tax calculator is used to calculate what is due for payment by the end of the tax year. The tax rate for self-employment is 15.3% on the net income and it covers 2.9$ to Medicare and 12.4% to Social Security.Here are the (tax) rules of the road. Key Takeaways. If you work for a ridesharing app like Uber, all your earnings are taxable, and it’s recommended you put …Take your net income total and multiply it by 0.153. The resulting total is the amount you owe for self-employment taxes for the quarter. Then, do the same with your federal income tax rate. Add those two numbers together and you have your total tax liability for the quarter. Now, it’s time to send Uncle Sam his cut.Receive free tax minimisation tips from experienced taxi and Uber tax accountants. Uber tax tips for now, simply apply for an ABN and register for GST on the ATO website. Tip no. 3, buy a logbook for your taxi and uber expenses or if you’re too busy, check out Instabooks expense tracker below. Explore Sales tax calculatorSince the Uber driver-partner used the vehicle for business 75% of the time, the actual expenses deduction is $8,475 ($11,300 x .75 = $8,475). Using the standard mileage rate method with these same numbers, the driver would multiply the number of miles driven for business (30,000) by the standard mileage rate (65.5 cents per mile for …This year, taxes are due April 15, 2024. If you cannot make the final deadline, you can file an extension until October 15, 2024. As a self-employed taxpayer, you also may need to pay quarterly estimated payments. You have four due dates to pay in taxes on the money you earned that quarter. Quarter.If you provide additional services to a facilitator based overseas (such as the referral service referred to above) these services will be GST-free. 27. Payment of GST on the full fare is incorrect – the gross earnings of the driver are 80% of the fare. The gross earning of Uber is 20% of the fare.To calculate how much to tip your Uber driver, enter your total Uber fare and preferred tip percentage into the calculator below. The calculator is pre-filled with an example of a $25 ride and a 10% tip, which is a $2.50 tip. You can type in your own Uber journey’s cost, your preferred tip percentage, and how many people will be splitting the ...Find out your net profit and the tax you owe for the 2021/2022 year. As a ride-sharing/Uber driver, you work as an independent contractor, not a company employee. That’s why you’re responsible for the payment of your income taxes. Our Uber Tax Calculator facilitates this process by rendering the exact amount of taxes you own and the related ...Home. Uber mileage for taxes. When you check your Tax Summary, you’ll find the total online miles you’ve driven. This figure includes: Miles while waiting for a trip. Miles en route to a rider. Miles when on a trip. Deducting your mileage for tax purposes. To figure out if you can deduct this mileage from your taxes, you should: A 1099 tax calculator takes into account your income, expenses, and deductions to determine your tax liability. By inputting your 1099 income, along with any business expenses and deductions, the calculator can provide an estimate of how much you owe in taxes. Additionally, a 1099 tax calculator can help you plan for future tax payments by ... Disclaimer: The above calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. It is advised that for filing of returns the exact calculation may be made as per the provisions contained in the relevant Acts, Rules etc.Rideshare accounting and tax advice and guide to New Zealand rideshare driving for companies like Uber/Zoomy/Ola/Uber Eats etc. Tax returns for taxi and courier drivers. New announcement. ... Tax is calculated We get your taxes underway. We calculate everything correctly but also minimise tax bills as much as possible!Income tax starts at 20% on your entire income if it is over £12,500, and this also applies to Uber drivers. If your income is over £50,000, the income tax increases to 40%. Class 2 national insurance is paid weekly when earnings are over £6,475, and Class 4 is calculated as 9% on incomes higher than £9,501.Calculate your tax rate The first step in determining how much to set aside for taxes on a 1099 is to calculate your tax rate. This will depend on your total income, filing status, and any deductions or credits you may be eligible for. ... Uber & Lyft Vehicle Inspections: Locations, Costs, and Tips.1040-ES. how should I calculate increasing my W-4 to pull the estimated taxes so I don't end up with a 1200 tax bill in 2022. If your additional tax liability is $1,200, put $1,200/ (pay periods left) into Step 4c. Note additional tax liability of $12,000 from self employment on top of $37,000 W-2 job is $2,848 (assuming filing single, standard ... Annual Tax Summaries start on January 1st of each year whereas weekly earnings statements always start on the Monday of the respective week. Each person’s tax situation is different. If you have specific questions, you can always work with a tax professional or service. Understanding your Tax Summary. View your Tax Summary The countries that define their "sales tax" as a GST are Spain, Greece, India, Canada, Singapore, and Malaysia. Free calculator to find the sales tax amount/rate, before tax price, and after-tax price. Also, check the sales tax rates in different states of the U.S.Nov 17, 2023 · Yes, Uber and Lyft drivers must pay estimated taxes. Since they are considered independent contractors, they are responsible for paying their own taxes, including self-employment and regular income taxes. Uber and Lyft do not withhold taxes from drivers' earnings, so drivers must calculate and pay their own taxes. Sales tax breakdown. HST on Uber rides 11636.40 . Uber rdies service fee 18118.73. Incentive 18118.73. Now out of these total information, I want to know 1- that my HST which 11636.40 is included in the Gross uber rides or not . 2- …Upfront Fares. In some cities, you can see how much you’ll make and where you’ll go before you accept a trip. Upfront Fares are calculated based on current driving conditions, like destination and demand. If there’s unexpected traffic and the trip gets a lot longer, your fare will increase.Income in America is taxed by the federal government, most state governments and many local governments. The federal income tax system is progressive, so the rate of taxation increases as income increases. Marginal tax rates range from 10% to 37%. Enter your financial details to calculate your taxes. Household Income. A 1099 tax calculator takes into account your income, expenses, and deductions to determine your tax liability. By inputting your 1099 income, along with any business expenses and deductions, the calculator can provide an estimate of how much you owe in taxes. Additionally, a 1099 tax calculator can help you plan for future tax payments by ... If an Uber driver bills more than $30,000 in a calendar year they they have to register for HST, collect HST from Uber clients and remit the taxes to CRA. If you register for HST you are allowed to deduct the …1 Best answer. PatriciaV. Employee Tax Expert. In the Vehicle Expenses section, TurboTax allows you to compare the Standard Mileage Deduction with your actual expenses. The Standard Mileage Rate includes a depreciation allowance. If you chose to compare this to your actual expenses, you will enter information about your vehicle to allow ...Your 1099-K is an official IRS tax document that includes a breakdown of your annual on-trip gross earnings. Who gets it? We'll send you a 1099-K if: You earned …Calculate your tax rate The first step in determining how much to set aside for taxes on a 1099 is to calculate your tax rate. This will depend on your total income, filing status, and any deductions or credits you may be eligible for. ... Uber & Lyft Vehicle Inspections: Locations, Costs, and Tips.34.5%. $120,001 – $180,000. 39%. $180,001 and above. 49%. (* the above rates include the Medicare Levy) Each time you get paid from driving, put that percentage aside. Your tax savings will grow, and at the end of each quarter or year when your Uber tax bill arrives, the funds will already be there, ready to go.Here are the (tax) rules of the road. Key Takeaways. If you work for a ridesharing app like Uber, all your earnings are taxable, and it’s recommended you put …Get Started With BAS only $49.95 online To Calculate UBER GST using ALITAX. ... UBER TAX CALCULATOR; Logbook; Tax Calculator; Services. Individual Tax Return; Company Tax Return; Sole Trader Tax Return; Help; Contact; Login; Get Started With BAS only $49.95 * * *... Don't have ABN ...Try out the tax calculators that our users can’t get enough of. These are the top 3 when it comes to tax calculations made super-simple. ... Uber tax calculator . Want to know how much tax you need to pay? Get an instant tax bill …Apr 1, 2024 · New GST rules effective 1 April 2024. There are new laws in New Zealand that will change the way Goods and Services Tax (GST) is collected for services provided via online marketplaces, including ridesharing. Starting April 1st 2024, Uber will be obligated to collect and remit 15% GST on ridesharing and related services to Inland Revenue (IR). The ATO’s Uber tax implications are straight-forward at a basic level: Any money you make driving for Uber counts as income, meaning you must declare it on your tax return. Even if you earn less than the $75,000 GST income threshold, as an Uber driver you need to register for GST. (More on that below…). If filing annually and the net tax for the previous fiscal year was $3,000 or more, and the net tax for the current fiscal year is $3,000 or more, self-employed commercial ride-sharing drivers have to make quarterly instalment payments during the current fiscal year, even if there is a rebate that reduces the amount owing to less than …To verify your full legal name, Tax Identification Number (TIN), and address, go to drivers.uber.com and navigate to Tax Settings along the top of the page. You will want to make sure your account profile name matches your legal name. Not all drivers and couriers will receive 1099s. For more information, please review “What is the 1099-K ...Sep 13, 2017 · When you’re self-employed you’ll pay income tax and Class 4 national insurance on the profits as a driver. Profit means all your income minus expenses you can claim as a tax deduction. Income tax starts at 20% on all your income (not just from Uber) over £12,570 and 40% over £50,270. The class 4 NI rates for 2024/25 are 8% on taxable ... This year, taxes are due April 15, 2024. If you cannot make the final deadline, you can file an extension until October 15, 2024. As a self-employed taxpayer, you also may need to pay quarterly estimated payments. You have four due dates to pay in taxes on the money you earned that quarter. Quarter.Jan 7, 2024 · The mileage Uber tracks for you. These days, the Uber driver app attempts to track all the miles you drive while you have the app open: your online miles. These can include the miles you drove on the way to a pickup, with a passenger — or UberEats delivery — in the car, and while waiting for your next trip. (This hasn’t always been the ... The countries that define their "sales tax" as a GST are Spain, Greece, India, Canada, Singapore, and Malaysia. Free calculator to find the sales tax amount/rate, before tax price, and after-tax price. Also, check the sales tax rates in different states of the U.S.Your Tax Summary document includes: Your total earnings (gross fares) Sales tax you have collected on each trip; Sales tax paid on Uber fees; Potential business expenses … Paying taxes as a 1099 worker. As a 1099 earner, you’ll have to deal with self-employment tax, which is basically just how you pay FICA taxes. The combined tax rate is 15.3%. Normally, the 15.3% rate is split half-and-half between employers and employees. But since independent contractors and sole proprietors don’t have separate employers ... 3. Phone is monthly $110 total. I cant easily calculate my usage as I check my Uber apps daily but only work casually, when I feel like it. Do I just divide by 4 to get weekly? 4. Uber pays weekly which is great for you spreadsheet. Uber also issues quarterly statements which don't line up with the above. How is this handled? Thanks in advanceTo verify your full legal name, Tax Identification Number (TIN), and address, go to drivers.uber.com and navigate to Tax Settings along the top of the page. You will want to make sure your account profile name matches your legal name. Not all drivers and couriers will receive 1099s. For more information, please review “What is the 1099-K ...True, taxes are hard. Knowing which deductions you can take on your Uber driver taxes is even harder. Companies that work with independent contractors, like Uber, are legally required to send contractors their official 1099 form by January 31 each year. You should have a 1099-K and/or a 1099-MISC. If you haven't received your tax documents yet ... A 1099 tax calculator takes into account your income, expenses, and deductions to determine your tax liability. By inputting your 1099 income, along with any business expenses and deductions, the calculator can provide an estimate of how much you owe in taxes. Additionally, a 1099 tax calculator can help you plan for future tax payments by ... The state of Illinois requires you to pay taxes if you are a resident or nonresident that receives income from an Illinois source. Illinois has a flat income tax, which means that everyone, regardless of income, is taxed at the same rate. The income tax rate in Illinois is 4.95%, after an increase from 3.75% in 2017.Billionaire plots new direction amid pressure to crack the code of self-driving cars. James Titcomb 23 April 2024 • 12:45pm. Tesla investors have spent the last few …Receive free tax minimisation tips from experienced taxi and Uber tax accountants. Uber tax tips for now, simply apply for an ABN and register for GST on the ATO website. Tip no. 3, buy a logbook for your taxi and uber expenses or if you’re too busy, check out Instabooks expense tracker below. Explore Sales tax calculatorSelf-employment tax consists of Social Security and Medicare taxes for individuals who work for themselves. Employees who receive a W-2 only pay half of the total Social Security (6.2%) and Medicare (1.45%) taxes, while their employer is responsible for paying the other half. Self-employed individuals are responsible for paying both portions of ...Gather the necessary information, such as annual tax summary from Uber Eats and receipts for tax-deductible expenses. Use the T2125 form (Statement of Business or Professional Activities) , specifically designed for self-employed individuals, to report your income and business-related expenses.To verify your full legal name, Tax Identification Number (TIN), and address, go to drivers.uber.com and navigate to Tax Settings along the top of the page. You will want …The tax rates in Ontario range from 5.05% to 13.16% of income and the combined federal and provincial tax rate is between 20.05% and 53.53%. Ontario’s marginal tax rate increases as your income increases so you pay higher taxes on the level of income that falls into a higher tax bracket. Learn more about Ontario’s marginal taxes.Tax calculators and tax tools to check your income and salary after deductions such as UK tax, national insurance, pensions and student loans. Updated for the 2024-2025 tax year.Find out your net profit and the tax you owe for the 2021/2022 year. As a ride-sharing/Uber driver, you work as an independent contractor, not a company employee. That’s why you’re responsible for the payment of your income taxes. Our Uber Tax Calculator facilitates this process by rendering the exact amount of taxes you own and the related ...Tax Calculator. Need to quickly calculate your Income Tax or National Insurance? You've come to the right place. Estimate your Etsy, Uber, or Youtube tax bill in seconds with one of our calculators. Earnr's UK tax calculators. We have multiple UK tax calculators and tools for you to get a quick answer.Use the Uber price estimator to find out how much a ride with Uber is estimated to cost before you request it. Get a cost estimate now.More tax help. Check out TurboTax for a comparison between Standard Mileage and Actual Expenses. Visit the IRS Sharing Economy Tax Center for more tax details. Use Stride Drive, which has an Uber 1099 Tax Calculator to help you. By following these resources, you can get a better understanding of how to manage your taxes as an Uber driver.If you make CHF 50'000 a year living in the region of Zurich, Switzerland, you will be taxed CHF 8'293. That means that your net pay will be CHF 41'707 per year, or CHF 3'476 per month. Your average tax rate is 16.6% and your marginal tax rate is 27.0%. This marginal tax rate means that your immediate additional income will be taxed at this ...Self-employment taxes for 2019 come in at a flat rate of 15.3% for the first 92.35% of your money from self-employment. Before calculating your self-employment taxes, deduct your business expenses. Remember, even if you owe nothing at all in income taxes, you are still responsible for paying your self-employment taxes.
To sum up, Uber Eats drivers in Canada need to be careful and diligent when it comes to filing taxes and HST. This guide provides the steps you need to follow to comply with the Canadian tax laws and report your Uber Eats income correctly. You can also benefit from the deductions and credits that are available to you as a self-employed person. . Betus
Uber Tax Calculator. The Uber tax calculator is used to calculate what is due for payment by the end of the tax year. The tax rate for self-employment is 15.3% on the net income and it covers 2.9$ to Medicare and 12.4% to Social Security.The 1099 tax rate consists of two parts: 12.4% for social security tax and 2.9% for Medicare which totals 15.3%. The 1099 tax brackets or the self employment tax applies to your adjusted gross income. A 0.9% additional Medicare tax …Mileage Reimbursement Calculator. File your taxes with confidence. Your max tax refund is guaranteed. Our Mileage Reimbursement Calculator helps to determine the compensation of travel while you are on official business. This amount is calculated as a baseline or minimum by IRS to ensure employees are fairly compensated for their travel … Uber / Lyft Income and Tax Calculator Share. Sign in. ... This Is How Much Federal Tax You Owe on Your First $9,075: $2.73: On July 1, 2021, Uber Rides is becoming a Canadian-based entity so we’ll surface a new agreement for signature within the Uber Driver app. We understand you may have some questions about these changes, so we have created this list of frequently asked questions, and have updated our Tax Webpage with additional details. Tap here to access the ...Tesla released its Q1 earnings results on April 24, missing Wall Street expectations by 4.29% for revenue and 9.10% for earnings per share (EPS). The …Paul Koullick. Updated. January 24, 2022. If you drive for Uber, you can save a lot on your taxes by writing off the miles you log on the job. But say you forgot to keep …If a trip is eligible for an active promotion on your account, the trip price will reflect the discount. Factors like heavy traffic or bad weather that extend the distance or duration of your ride can affect the amount you’re actually charged. Log in to get help. Uber. Visit the page below to get a price estimate for a trip anywhere Uber is ...Running costs are expenses you incur while you’re earning an income. Running costs for Uber drivers include: Tolls – you can claim road tolls while on trips or driving to take a fare. Parking – you can claim each fee, or make a bulk claim of $200 a year for a total of your parking fees if each of the fees were below $10.Tax calculators and tax tools to check your income and salary after deductions such as UK tax, national insurance, pensions and student loans. Updated for the 2024-2025 tax year.Understanding self-employment taxes for rideshare drivers. How to file your Uber 1099 taxes. The Uber driver tax forms you'll need. Where and when to find your Uber 1099 forms. How to write off your car …From the dropdown menu, select ‘Partner earnings’. From there, you will see a number of topics across the top of the page – click the ‘Invoice Settings’ tab. Take me to my profile. 3. Enter and submit your GST details. Enter the details your ABN is registered under, including your company/legal name and address.The tax rates in Ontario range from 5.05% to 13.16% of income and the combined federal and provincial tax rate is between 20.05% and 53.53%. Ontario’s marginal tax rate increases as your income increases so you pay higher taxes on the level of income that falls into a higher tax bracket. Learn more about Ontario’s marginal taxes. Paying taxes as a 1099 worker. As a 1099 earner, you’ll have to deal with self-employment tax, which is basically just how you pay FICA taxes. The combined tax rate is 15.3%. Normally, the 15.3% rate is split half-and-half between employers and employees. But since independent contractors and sole proprietors don’t have separate employers ... .