TT Home & Business. Reported income on Sch C. ...
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

 
2 Replies
Level 15

TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

Did you have a net profit for your self-employment?  Look at your Schedule C Line 31 for a net profit and Line 32 for a net loss.

Look at your Form 1040 Schedule 1 Line 12 for the profit or loss.  If a loss then there will not be a Schedule SE included with your tax return.

New Member

TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

Thank you for your response. I do have a profit on Schedule C Line 31 and the Schedule SE did not generate.

 

However, part of my Gross receipts on line 1 were provided on a W-2. Therefore I checked the box as statutory employee. Did that negate generation of Schedule SE?

Dynamic Ads
v
Privacy Settings