Deductions & credits

It is not all self-employed income, it is net self-employed income minus the deductible part of the SE tax. and other SE plans.   (1040 schedule 1 line 3 minus line 14 and 15).

 

 

 

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**