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Does the amount that Painless1099 withholds the amount just for my self-employment tax, or does the percentage include how much needs to be put aside to guarantee an enough amount for both self-employment and income tax combined?

Your Painless1099 account will only withhold taxes from your self-employment income. Painless1099 helps you ensure that you've saved enough money to cover your tax obligation from 1099 income.

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