Wow, you have to say it is a benefit for rich people.

来源: Morning3evening4 2010-03-22 19:22:57 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (0 bytes)

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It is not! -worriedmom1- 给 worriedmom1 发送悄悄话 (325 bytes) () 03/22/2010 postreply 19:25:28

Come on. If I invest the 12.5% my income in SP500 -Morning3evening4- 给 Morning3evening4 发送悄悄话 Morning3evening4 的博客首页 (215 bytes) () 03/22/2010 postreply 19:30:19

You never know:) -worriedmom1- 给 worriedmom1 发送悄悄话 (122 bytes) () 03/22/2010 postreply 19:31:47

That's why I said Ss is indeed a tax for lower-income people. -Morning3evening4- 给 Morning3evening4 发送悄悄话 Morning3evening4 的博客首页 (0 bytes) () 03/22/2010 postreply 19:34:44

lower-income people get the benefits as well. -worriedmom1- 给 worriedmom1 发送悄悄话 (83 bytes) () 03/22/2010 postreply 19:36:40

If you get 1099, you need to pay self-employment -Hiccupbaby- 给 Hiccupbaby 发送悄悄话 (70 bytes) () 03/22/2010 postreply 19:31:38

1099 is not for self-employment. -worriedmom1- 给 worriedmom1 发送悄悄话 (0 bytes) () 03/22/2010 postreply 19:32:18

Contractors get 1099s from employers. They all need -hiccupbaby- 给 hiccupbaby 发送悄悄话 (293 bytes) () 03/22/2010 postreply 19:43:20

Oh my:) how about K-1? -worriedmom1- 给 worriedmom1 发送悄悄话 (27 bytes) () 03/22/2010 postreply 19:45:48

There might be a loophole here using K-1. But if -hiccupbaby- 给 hiccupbaby 发送悄悄话 (159 bytes) () 03/22/2010 postreply 19:55:31

:) K-1 is very typical in my industry. -worriedmom1- 给 worriedmom1 发送悄悄话 (16 bytes) () 03/22/2010 postreply 19:58:02

I use K-1 too. But I dare not put my salary as zero to -hiccupbaby- 给 hiccupbaby 发送悄悄话 (67 bytes) () 03/22/2010 postreply 20:08:02

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