Deduction of self employment tax with s-corp and schedule SE?

[leonrojo1816]

Filing 1120S with turbotax business and issuing myself a schedule k-1 and w-2.  Paid self employment tax on the w-2 portion. 

I understand that half of the employer portion is an above the line deduction.  Was this deduction already taken somewhere when preparing my 1120s because I cannot use/turbotax is not using schedule SE for line 27 of my 1040.

My total SE tax was 19k and I want to make sure I got that above the line deduction somewhere. Help!

[Fern · Accepted solution]

The S Corp deducted the employer portion of payroll taxes in calculating the net income of the S Corp.  The S Corp then distributed net income to you on your K-1.  The "above the line" deduction was taken by the S Corp before the distribution was made to you.

[leonrojo1816]

exactly what I was looking for, thanks