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Entering 1099-misc not subject to self employment tax but it is calculating self employment tax
Maybe I'm missing something but the 1099-misc i entered is not self-employment it is an incentive and not subject to self employment tax. Am I wrong or did I enter it in the wrong place? I would think federal tax on it would be ~half somewhere around $400 not $819. Thank you
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‎January 24, 2025
2:03 PM