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by topmonk 2638 days ago
This tax rate is for general work when self employed. It's not specific to gambling.
1 comments

Honestly, it is for ordinary wages also. The self-employment tax is basically the same as the employee and employer portions of the FICA taxes. (I think the only difference is that the self-employment tax basis is the before tax income while the wages tax basis is after the employer portion has already been paid.)