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But your employer seems to have to pay 7.65% of the items income he pays you for your Social Security and Medicare insurance. Most employees are unaware of this extra tax money your employer is paying an individual. So, between you in addition employer, the govt . takes 15.3% (= 2 times 7.65%) of the income. In case you are self-employed get yourself a the whole 15.3%.

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You can more your time. Don't think you can file by April 20? No problem. Get an 6 additional months by completing Form 4868 Automatic Extension of your to File.

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