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$1 Million Schedule C Self-Employment Income: How Much Tax?

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Chad Pavel

How much tax do you pay when your business makes $1 million? $100,000? $500,000?

Lots of selfemployed entrepreneurs hit it big and make 6 or 7 figures in a short amount of time. And while it is an exciting time and the quick success is a blessing, the big problem that quickly creeps up is: taxes. Watch this video to find out!

* How much tax do you pay with a $100,000 schedule C?
* How about a $500,000 schedule C?
* And $1,000,000?

Here I explore various tax scenarios, credits, deductions, and federal tax. Enjoy!

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posted by alibiuo3