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genefield
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
DoninGA
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.

genefield
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?

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