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What is the average profit margin after general expenses on $450,000 gross pay for self employment wages

tommy123
Level 1
 
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abctax55
Level 15

Huh ??

No one can possibly answer such a broad question.

"*******Tax software is no substitute for a professional tax preparer*******
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6 Comments 6
abctax55
Level 15

Huh ??

No one can possibly answer such a broad question.

"*******Tax software is no substitute for a professional tax preparer*******
( Generic Comment )"
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IRonMaN
Level 15

Either by brain has officially taken 1 too many anvils or we really need more info on this one.


Slava Ukraini!
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George4Tacks
Level 15
I think both likely apply at this time of year.

Here's wishing you many Happy Returns
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George4Tacks
Level 15

10 · π · e² 


Here's wishing you many Happy Returns
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George4Tacks
Level 15

You can start an exploratory study at https://www.irs.gov/statistics/soi-tax-stats-nonfarm-sole-proprietorship-statistics


Here's wishing you many Happy Returns
qbteachmt
Level 15

A "self-employed" person doesn't get wages.

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