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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.
‎November 20, 2019
8:35 AM