JS3909
Returning Member

Deductions & credits

That is exactly what I am needing at the moment! The self employment tax I owe! Could someone tell me what sums on that tax calculator I used above actually apply! ..and what figure do I need to pay?  It tells me ...Your total self-employment tax of $1,371 is comprised of $1,111 Social Security tax and $260 Medicare tax. The tax-deductible portion for Form 1040 is $685.