Urgent! Do I have to pay self-employment tax?

Created a sole member LLC 2010 to manufacture and sell bioreagents for medical research labs.  Profit for 2010 is 150K.  Sent myself a 1099-MIS and files tax return as independent contractor without claiming self-employment tax.  Last week received a letter from IRS, asking adjustment of self-employment tax plus penalty.  Do I have to pay self-employment tax?  I got confused.  My friend told me that I do not need to file self-employment tax 'cause I received a 1099-MIS and can be treated as an independent contractor.  Can someone in this forum help m out by replying this post?  Many thanks!!!

 

所有跟帖: 

you need to pay self employment tax as a contractor or 1099MISC -hkgirl- 给 hkgirl 发送悄悄话 (1 bytes) () 05/01/2011 postreply 16:07:43

回复:Urgent! Do I have to pay self-employment tax? -單身老貓- 给 單身老貓 发送悄悄话 單身老貓 的博客首页 (220 bytes) () 05/01/2011 postreply 16:18:18

请您先登陆,再发跟帖!