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Social Security Taxes and Medicare Taxes withheld
In addition to my regular pay, my employer pays me sales commissions and reports it on a W-2 as a statutory employee. Social security and Medicare taxes are withheld but no income taxes are withheld. After reporting the commissions on schedule C and not having to file schedule SE, it seems to me I should be entitled to deduct one-half the SS taxes withheld as a normal business would. If my assumption is correct; how would I accomplish reporting it on Turbo Tax?
‎September 5, 2021
1:46 PM