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Self-Employment Income vs. Salaried Incomezev2021-02-18T15:40:25+00:00
The US and Israel do not have a treaty for self-employment income. That means that your net self-employment income is subject to 15% self-employment tax. This payment is transferred to the Social Security Administration for a future pension from the US. In order to receive this pension, you must complete 10 years of payments or 40 quarters.
For more information please click on following link: https://www.ssa.gov/