§ 1401. Rate of tax
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/usc/title-26/section-1401A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Old-age, survivors, and disability insurance In addition to other taxes, there shall be imposed for each taxable year, on the self-employment income of every individual, a tax equal to 12.4 percent of the amount of the self-employment income for such taxable year.
(b)Hospital insurance
(1)In general In addition to the tax imposed by the preceding subsection, there shall be imposed for each taxable year, on the self-employment income of every individual, a tax equal to 2.9 percent of the amount of the self-employment income for such taxable year.
(2)Additional tax
(A)In general In addition to the tax imposed by paragraph
(1)and the preceding subsection, there is hereby imposed on every taxpayer (other than a corporation, estate, or trust) for each taxable year beginning after December 31, 2012, a tax equal to 0.9 percent of the self-employment income for such taxable year which is in excess of—
(i)in the case of a joint return, $250,000,
(ii)in the case of a married taxpayer (as defined in section 7703) filing a separate return, ½ of the dollar amount determined under clause (i), and
(iii)in any other case, $200,000.
(B)Coordination with FICA The amounts under clause (i), (ii), or
(iii)(whichever is applicable) of subparagraph
(A)shall be reduced (but not below zero) by the amount of wages taken into account in determining the tax imposed under section 3121(b)(2) with respect to the taxpayer.
(c)Relief from taxes in cases covered by certain international agreements During any period in which there is in effect an agreement entered into pursuant to section 233 of the Social Security Act with any foreign country, the self-employment income of an individual shall be exempt from the taxes imposed by this section to the extent that such self-employment income is subject under such agreement exclusively to the laws applicable to the social security system of such foreign country.
(Aug. 16, 1954, ch. 736, 68A Stat. 353; Sept. 1, 1954, ch. 1206, title II, § 208(a), 68 Stat. 1093; Aug. 1, 1956, ch. 836, title II, § 202(a), 70 Stat. 845; Pub. L. 85–840, title IV, § 401(a), Aug. 28, 1958, 72 Stat. 1041; Pub. L. 87–64, title II, § 201(a), June 30, 1961, 75 Stat. 140; Pub. L. 89–97, title I, § 111(c)(4), title III, § 321(a), July 30, 1965, 79 Stat. 342, 394; Pub. L. 90–248, title I, § 109(a)(1), (b)(1), Jan. 2, 1968, 81 Stat. 835, 836; Pub. L. 92–336, title II, § 204 (a)(1), (b)(1), July 1, 1972, 86 Stat. 420, 421;
Pub. L. 92–603, title I, § 135(a)(1), (b)(1), Oct. 30, 1972, 86 Stat. 1362, 1363; Pub. L. 93–233, § 6(b)(1), Dec. 31, 1973, 87 Stat. 955; Pub. L. 94–455, title XIX, § 1901(a)(154), Oct. 4, 1976, 90 Stat. 1789; Pub. L. 95–216, title I, § 101(a)(3), (b)(3), title III, § 317(b)(1), Dec. 20, 1977, 91 Stat. 1511, 1512, 1539; Pub. L. 98–21, title I, § 124(a), (b), Apr. 20, 1983, 97 Stat. 89; Pub. L. 101–508, title XI, § 11801(a)(36), (c)(16), Nov. 5, 1990, 104 Stat. 1388–521, 1388–527;
Pub. L. 108–203, title IV, § 415, Mar. 2, 2004, 118 Stat. 530; Pub. L. 111–148, title IX, § 9015(b)(1), title X, § 10906(b), Mar. 23, 2010, 124 Stat. 871, 1020; Pub. L. 111–152, title I, § 1402(b)(1)(B), Mar. 30, 2010, 124 Stat. 1063; Pub. L. 113–295, div. A, title II, § 221(a)(89), (90), Dec. 19, 2014, 128 Stat. 4050.)
Connections130 cite this · traces to 20
Cited by 130 sections · top 60
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U.S. Code
- § 636Additional powers
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- § 32Earned income
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- § 3101Rate of tax
- § 3111Rate of tax
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- § 430Adjustment of contribution and benefit base
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- § 1421hDuties, taxes, and fees; proceeds collected to constitute fund for benefit of Guam; prerequisites, amount, etc., remitted prior to commencement of next fiscal year
- § 275Certain taxes
- § 6413Special rules applicable to certain employment taxes
- § 3122Federal service
- § 1421iIncome tax
statutes-at-large
- Public Law 93–406
- Public Law 99–176
- Public Law 92–603
- Public Law 89–97
- Public Law 880
- Public Law 85–839
- Public Law 87–64
- Public Law 396
- Public Law 91–169to promote the safety of employees and travelers upon railroads by limiting the hours of service of employees thereon,” approved March 4, 1907
- Public Law 86–778
- Public Law 415
- Public Law 93–233
- Public Law 96–222To make technical corrections related to the Revenue Act of 1978
- Public Law 112–78To extend the payroll tax holiday, unemployment compensation, Medicare physician payment, provide for the consideration of the Keystone XL pipeline, and for other purposes
- Public Law 95–216To amend the Social Security Act and the Internal Revenue Code of 1954 to strengthen the financing of the social security system, and for other purposes
- Public Law 98–369To provide for tax reform, and for deficit reduction
- Public Law 111–312To amend the Internal Revenue Code of 1986 to extend the funding and expenditure authority of the Airport and Airway Trust Fund, to amend title 49, United States Code, to extend authorizations for the airport improvement program, and for other purposes
- Public Law 117–2To provide for reconciliation pursuant to title II of S
- Public Law 95–600To amend the Internal Revenue Code of 1954 to reduce income taxes, and for other purposes
- Public Law 116–260Making consolidated appropriations for the fiscal year ending September 30, 2021, providing coronavirus emergency response and relief, and for other purposes
- Public Law 98–21To assure the solvency of the Social Security Trust Funds, to reform the medicare reimbursement of hospitals, to extend the Federal supplemental compensation program, and for other purposes
- Public Law 108–203To amend the Social Security Act and the Internal Revenue Code of 1986 to provide additional safeguards for Social Security and Supplemental Security Income beneficiaries with representative payees, to enhance program protections, and for other purposes
- Public Law 98–4Relating to the treatment for income and estate tax purposes of commodities received under 1983 payment-in-kind programs, and for other purposes
- Public Law 94–241
- Public Law 97–248To provide for tax equity and fiscal responsibility, and for other purposes
- Public Law 116–127Making emergency supplemental appropriations for the fiscal year ending September 30, 2020, and for other purposes
- Public Law 94–202To amend the Social Security Act to expedite the holding of hearings under titles 11, XVI, and XVIII by establishing uniform review procedures under such titles, and for other purposes
- Public Law 111–148Entitled The Patient Protection and Affordable Care Act
register
statute-compilations
- Sec. 9643CREDIT FOR FAMILY LEAVE FOR CERTAIN SELF-EMPLOYED INDIVIDUALS
- Sec. 7004CREDIT FOR FAMILY LEAVE FOR CERTAIN SELF-EMPLOYED INDIVIDUALS
- Sec. 7002CREDIT FOR SICK LEAVE FOR CERTAIN SELF-EMPLOYED INDIVIDUALS
- Sec. 601TEMPORARY EMPLOYEE PAYROLL TAX CUT.1
- Sec. 287ELECTION TO USE PRIOR YEAR NET EARNINGS FROM SELF-EMPLOYMENT IN DETERMINING AVERAGE DAILY SELF-EMPLOYMENT INCOME FOR PURPOSES OF CREDITS FOR PAID SICK AND FAMILY LEAVE
- Sec. 10906MODIFICATIONS TO ADDITIONAL HOSPITAL INSURANCE TAX ON HIGH-INCOME TAXPAYERS
- Sec. 9642CREDIT FOR SICK LEAVE FOR CERTAIN SELF-EMPLOYED INDIVIDUALS
- Sec. 286EXTENSION OF CREDITS FOR PAID SICK AND FAMILY LEAVE
Traces to 20 documents
public-private-law
U.S. Code
- International agreements§ 433
- Tax imposed§ 1
- Taxes§ 164
- Rate of tax§ 3101
- SHORT TITLE.§ 411
- Definitions and special rules§ 2
- Federal Hospital Insurance Trust Fund§ 1395i
- Credit for producing fuel from a nonconventional source§ 45K
- Findings and purposes§ 2601
- Refund of internal revenue collections§ 1324
- Rate of tax§ 3111
- Leave requirement§ 2612
- Public health emergency leave§ 2620
- Trust Funds§ 401
- Railroad Retirement Account§ 231n
- Gross income defined§ 61
111 references not yet in our index
- Aug. 16, 1954, ch. 736
- 68A Stat. 353
- Sept. 1, 1954, ch. 1206
- 68 Stat. 1093
- Aug. 1, 1956, ch. 836
- 70 Stat. 845
- Pub. L. 85–840, title IV, § 401(a)
- 72 Stat. 1041
- Pub. L. 87–64, title II, § 201(a)
- 75 Stat. 140
- Pub. L. 89–97, title I, § 111(c)(4)
- 79 Stat. 342
- Pub. L. 90–248, title I, § 109(a)(1)
- 81 Stat. 835
- Pub. L. 92–336, title II, § 204
- 86 Stat. 420
- Pub. L. 92–603, title I, § 135(a)(1)
- 86 Stat. 1362
- Pub. L. 93–233, § 6(b)(1)
- 87 Stat. 955
- Pub. L. 94–455, title XIX, § 1901(a)(154)
- 90 Stat. 1789
- Pub. L. 95–216, title I, § 101(a)(3)
- 91 Stat. 1511
- Pub. L. 98–21, title I, § 124(a)
- 97 Stat. 89
- Pub. L. 101–508, title XI, § 11801(a)(36)
- 104 Stat. 1388–521
- Pub. L. 108–203, title IV, § 415
- 118 Stat. 530
- Pub. L. 111–148, title IX, § 9015(b)(1)
- 124 Stat. 871
- Pub. L. 111–152, title I, § 1402(b)(1)(B)
- 124 Stat. 1063
- 128 Stat. 4050
- Pub. L. 111–148, § 9015(b)(1)
- Pub. L. 111–152, § 1402(b)(1)(B)(i)
- Pub. L. 111–148, § 10906(b)
- Pub. L. 111–152, § 1402(b)(1)(B)(ii)
- Pub. L. 108–203
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§ 1401
Rate of tax
Stat.×60
U.S.C.×39
Stat. Comp.×19
Pub. L.×6
Bills×3
Fed. Reg.×3
ActAug. 16, 1954, ch. 736
Stat.68A Stat. 353
ActSept. 1, 1954, ch. 1206
Cites 131 · showing 12Cited by 130 across 6 sources