No, there would be no self employment tax if your business has an overall loss. If you have other income on your return it could be causing a tax liability. The first thing you should do is to review your 1040 all the way through to see what income is being taxed and your tax liability.
For TurboTax Desktop you can simply switch to Forms in the upper right then review your 1040.
For TurboTax Online begin here: On the menu bar on the left that shows.
- Select Tax Tools
- On the drop-down select Tools
- On the pop-up menu
- Select View Tax Summary
- On the left sidebar, select Preview my 1040
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