SE Tax

The first thing to note when it comes to self-employed tax, SE tax, is that it only refers to Medicare taxes and Social Security benefits. Self-employed persons may be required to file other federal taxes based on the area they work in. Below you will find information into what is self-employed tax, who is required to pay it and how to go about paying this tax. The information below may not include everything you need to know; therefore, it should not be taken as all-inclusive because your specific business may need additional information.

What is SE tax
SE tax, as was mentioned before, is a tax that individuals working for themselves must pay. This specific tax only include Medicare taxes and Social Security benefits similar to those withheld
Your combined net earnings for the tax year ending was $400 or
On the other hand, Schedule SE must be used to determine earnings subjected to self-employment tax from self-employment. You must keep in mind that self-employment tax rules to all self-employed individuals no matter how old or young you are. These rules are also still in effect even if you are receiving Medicare and Social Security benefits.

SE tax for Family Caregivers
There are special rules in place for caregivers who provide in-home services for disabled persons or the elderly. Because caregivers are considered the employees of the person they care for, the elderly or a disabled individual, different rules apply where their taxes are concerned.
If the employee (the caregiver) is related to the employer (the person they are caring for), the employer does not need to pay employment taxes; however, the earnings of the employee must be reported on a form W-2 by the employer.

Paying your self-employment taxes
Only individuals with an Individual Taxpayer Number (ITIN) or Social Security Number, SSN can pay self-employment tax. If you do not have any of these numbers, learn how to obtain one