No, Lester, there is no "extra for no good reason".
If you are "self employed" you pay the employee's and the employer's
portion. That is all you pay. No "extra".
Gee, the same also goes for your Medicare withholdings.
Shouldn't be a huge surprise since you occupy both seats. Duh!
--------------------------------------------------
From: "Lester" <oldsaabguy@comcast.net>
Sent: Monday, August 02, 2010 3:53 PM
To: "Spridgets Group Chat" <spridgets@autox.team.net>
Subject: Re: [Spridgets] OCD For Anyone Interested
.. and don't forget that now you are self employed and are required to
pay the full amount of your FICA (twice what is usually held out of
your check) and then some extra for no good reason.
Lester
On Aug 2, 2010, at 11:58 AM, Billy Zoom wrote:
> Manufacture 1000 or so, and then tell me how cheap it was.
> Have fun getting any American suppliers to sell you parts, and let
> me know
> how much the Gerbers cost, and how much worker's health care was.
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