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Get your taxes done using TurboTax
Did you take a home office deduction? This would also reduce the amount of the deduction you could take as would any retirement savings contributions or the 1/2 of your SE tax deduction.
Start by looking at Schedule 1 line 3. This will give you the starting point for your Business income. Then look at lines 15, 16 and 17. Since your SE Health Insurance deduction is limited, these 3 numbers will likely add up to line 3 of Schedule 1.
If you are using the desktop version just switch to forms mode to see your Schedule 1. If you are using the online version then 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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March 27, 2024
8:35 AM