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Visitor III

Self Employment Information

I have been trying to get help since last night concerning Self Employment information under the State Taxes. We are a 2 member LLC, so why is it asking about self employment information. 

The question is, You have a South Carolina net profit(loss) of all federal Schedules c of $0.

1. What is one half of all the self employment tax related to the $0 listed above.

2. What is one half of the self employment tax on partnership income related to south Carolina (do not include any of the amount from question 1 here)?

 

I do not understand what to do here or where to look to get the answer, I have called in and got one gentlemen who put me on hold to transfer me and i was suppose to get a call back and never have. Can someone please help here?

 

3 Comments
Tax Expert

Self Employment Information

Is your two member LLC husband and wife? If so, then can treat the LLC as a Qualified Joint Venture and income flows through your respective schedule C's. If not, then you enter your LLC's K-1's for your business.

Visitor III

Self Employment Information

PaulaM thank you for your reply and yes ma'am we are husband and wife. I do have a schedule C for both of us.  So in the State how do i get passed this and I did not mention (was not thinking of it) but I am also a independent sales rep and i have a schedule c for it as well. if i hit enter then it says i have entered too much self employment on the previous screen . the two amount can not be greater than the amount on the federal return. 

Tax Expert

Self Employment Information

Can you try to enter 0 for both question 1 and 2 if that is applicable to your situation? Enter 1/2 of the SE tax shown on your 1040 and if it is zero, enter zero. And if you have no partnership income, then enter zero for question 2 also.

 

 

Your situation is difficult to solve in this format. It would be best if you can contact support again. They are in a better position to resolve if they can view your screen.

 

You can contact TurboTax at either link below.

 

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