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To: Susan Saline who wrote (22726)3/26/2000 2:44:00 PM
From: Ron McKinnon  Read Replies (1) | Respond to of 53068
 
>>>>but if you file a sch C for income
you are self employed and then subject to Social Security and Medicare taxes on Sch SE at rate of about 15% (over and above the federal tax owed) ...yes?

no, not as I understand it

no SE taxes

that's the way I have filed; sure hope it is right



To: Susan Saline who wrote (22726)3/27/2000 4:25:00 PM
From: Beachside Bill  Read Replies (1) | Respond to of 53068
 
Sue, we getting settlement money on our NTN trades? Cool. Profit on trading profit.