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Your self-employment tax comes out of your refund like this:
Tax is figured (line 56, 1040)
Self-Employment tax is figured (line 57) and added to regular tax (line 63)
Withholdings and other payments (line 74) are subtracted (line 75).
Your refund already has the self-employment tax taken into account.
Your self-employment tax comes out of your refund like this:
Tax is figured (line 56, 1040)
Self-Employment tax is figured (line 57) and added to regular tax (line 63)
Withholdings and other payments (line 74) are subtracted (line 75).
Your refund already has the self-employment tax taken into account.
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