Jarrod Darnall: The self-employment tax you pay via Schedule SE covers the Social Security and Medicare taxes. The IRS reports your self-employment income to the SSA. You ARE reporting ALL of your self-employment income and paying the taxes, right?
Sheron Perrez: Self employment tax is for social security and medicare, so if you are properly reporting your income and paying the taxes you owe on it, yes you will get ss if you have enough quarters.
Autumn Vacio: You should be paying social security tax when you file your income tax return . That will be the basis for your eventual social security benefits.
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