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Level 1
March 31, 2020
Question

What deductions and well anything can make my self- employment tax go down? Is standard better than itemized ? Or am I on the wrong track altogether ? Thanks

  • March 31, 2020
  • 1 reply
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1 reply

March 31, 2020

nothing but additional business expenses will make your self-employment tax go down.   you could have zero taxable income and still have to pay the SE tax.