Internal Revenue Code Section 1401

GPTKB entity

Statements (16)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:appliesTo self-employed individuals
gptkbp:codifiedIn gptkb:Title_26_of_the_United_States_Code
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:governs Self-Employment Tax
https://www.w3.org/2000/01/rdf-schema#label Internal Revenue Code Section 1401
gptkbp:imposedTaxOn net earnings from self-employment
gptkbp:partOf gptkb:Internal_Revenue_Code
gptkbp:purpose fund Social Security and Medicare programs
gptkbp:referencedIn IRS Form 1040 Schedule SE
gptkbp:startDate 1954
gptkbp:subject amendments by Congress
gptkbp:taxStatus 12.4% for Social Security
2.9% for Medicare
gptkbp:bfsParent gptkb:SECA_tax
gptkbp:bfsLayer 5