Welcome and thanks for your question!
Please note that the below answer assumes that you do not have any expenses you can deduct against the income, have no other income, take the standard deduction
, and you are an individual filing a Schedule C. If that is not the case, please let me know and I will give you an answer more appropriate for your specific situation.
92,000 of straight self-employment income, no deduction will be taxed as follows:
Self-employment tax (13.3%) - $12,236Income tax
Please note that the above is only an estimate of any taxes you may owe. Depending on your specific tax situation, you may owe more or less tax.
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