Rob Tu
Returning Member

Social Security Tax Paid as Single Proprietor LLC

as a single proprietor LLC, I paid  (via estimated taxes) 12.4% (6.2% rate times 2) to cover the social security taxes owed.  I'm trying to determine where on Schedule C or my 1040 do I get credit for 50% of the social security that I paid since I have no employees.

 

Thanks 

Rob