What Percent Tax Bracket if Self-Employed / file a 1099 ??

[Michael Dunn]

Since we're here again for another Tax Season, 

I'm just curious , as to know 100%  what Tax Bracket someone falls in as a whole (  State, City and Federal ) ....all Combined 

Is it  15% of your Income you should hold out ?

20 % ?

25% ?

This is just a question that I have never gotten an " Exact " answer to , but I would like to know to the  " T "  , via what Percent of my Income to hold out for Taxes 

Thank you for the help 

[Taylor Brugna]

Michael Dunn How long have you been self employed? Id strongly recommend sitting down with a CPA to discuss estimated tax payments. Basically, you may be subject to a penalty if you don't make estimated payments of 100% of the prior year's tax or 90% of current year's tax owed (the 100% changes to 110% if you are higher income).

Hope this helps