Deductions & credits

Your earned compensation  form working is the W-2 box 1 amount minus box 11 plus net self-employed income minus the deductible part of SE tax minus any contributions to SE retirement plans which is the 1040 Schedule 1 line 3 minus the total of lines 14 & 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.**