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Old 09-24-2007, 09:25 PM
TheMetetron TheMetetron is offline
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Join Date: Oct 2004
Location: Blog Updated Dec 1st
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Default Re: Independent contractor qualify for SEP IRA?

krishan,

The 18.6% rate doesn't apply once your SE-tax reached the point of only being 2.9%. At that point it is closer to 19.7%.
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