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Self-employment tax is imposed in addition to income tax but you can deduct half of your self-employment tax as an adjustment to income. Users may rely on this list in determining deductibility of their contributions.
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Organizations whose federal tax-exempt status was automatically revoked for not filing a Form 990-series return or notice for three consecutive years.
. Organizations eligible to receive tax-deductible charitable contributions. And 200000 in all other cases. 125000 for married taxpayers filing separate returns.
An additional 09 Medicare tax will be imposed on self-employment income in excess of 250000 for joint returns.
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