Overview of Self-Employment Taxes in Kansas
Kansas taxes self-employment income, but it does not have a separate self-employment tax. As a self-employed individual in Kansas, you must pay taxes on the income you generate from your business. Taxes are collected in the form of Social Security and Medicare from self-employed individuals.
Tax Rates and Calculation
The income tax in Kansas is progressive, ranging from 3.10% to 5.70% depending on income and filing status. Additionally, there is a 6.50% sales tax on purchased goods and property taxes for homeowners. The marginal tax rate is 22%, and the self-employment tax rate is 15.3% on net business income.
Filing and Estimation
If owing over $1,000, the IRS requires estimated quarterly tax payments. A tax calculator can estimate your overall tax bill in Kansas, and a tax attorney can provide guidance on self-employment tax questions.
Other States and General Tax Information
Regarding states without self-employment tax, Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming do not have regular income tax. Federal tax exemptions apply if your income is less than the standard deduction, and non-profit organizations may be exempt from taxes.
Kansas: 6.5% sales tax rate, total tax rate up to 10.6%; moderately tax-friendly retirement state; high property and sales taxes, no estate or inheritance tax.