IRS Schedule SE (Self-Employment Tax) Schedule C Business - Step-by-Step Instructions

Jason D. Knott
Jason D. Knott
1.4 هزار بار بازدید - 6 ماه پیش - IRS Schedule SE is used
IRS Schedule SE is used to report and calculate a taxpayer's self-employment taxes.  Under the default method, a taxpayer pays self-employment taxes on their net self-employment earnings.

There are two optional methods available (the Nonfarm Optional Method and the Farm Optional Method).

Self-employment taxes are a total of 15.3%, which is 12.4% of Social Security taxes and 2.9% of Medicare taxes.

In this example, the taxpayer has a Schedule C business and calculates his net SE earnings using the standard method.  

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DISCLAIMER:  The information provided in this video may contain information about tax, financial, and legal topics.  Such materials are for informational purposes only and may not reflect the most current developments.  These informational materials are not intended and should not be taken as tax, financial, or legal advice.  You should contact an advisor to discuss your specific facts and circumstances.  Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship.  This video does not include information about every topic or issue related to these informational materials.

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6 ماه پیش در تاریخ 1402/12/04 منتشر شده است.
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