Anyone from Business owners to hobbyists (1099-NEC/1099-MISC), making money from self-driven income sources are taxed differently than wage earners (W2).
 

How you are taxed?

​You are taxed at your Tax Bracket Rate... AS WELL AS (Below)

Social Security tax = 12.4%
Medicare tax = 2.9%

It is safe to assume you will pay
more than 20% but less than 60%
of the total profit in taxes.
This depends on your tax rate.

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Please use this link to determine your expenses.