If you are claiming self-employment income and you have a net-profit from you self-employment then TurboTax will automatically calculate your self-employment tax. In addition, TurboTax will take the deduction for one half of your self-employment tax on line 27 of your Form 1040. If line 27 is populated, you will now Schedule SE has been prepared and your self-employment tax included in your return.
To check your Form 1040, you can go to:
- My Account
- Tools
- Under "Other helpful links..." click on "View Tax Summary"
- At the top of the page click on "Preview My 1040"
