jtax
Level 10

After you file

@smcbeath1 You don't enter anything. If you answer the interview questions, TurobTax will fill in the Schedule SE as needed.

 

Even so I'll address your questions.

 

On line 9 I assume I should enter -0- as I did only earn 840.00 in self employment and my SS was 19,000.00

 

No. The 2020 Sched SE line 9 says "Subtract line 8d from line 7" ... line 7 is the max income subject to FICA ($137.7k). So if you have no other earned income than $840 in SE income, line 7 will be $137.7k.

 

So for line 10 do I multiply the 770 from line 6? 
it says to multiply the smaller of lines 9(which is -0-) and line 6

 

Line 9 will be $137.7.k, but it is the larger so that doesn't matter.

 

So line 10 will be 12.4% times line 6. If I enter $840 of net SE income, I get $776 on line 6 (from 4a).

 

 

 

 

 

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