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1. What is one half of the self employment tax related to the -2,304 listed above?
I've completed my federal taxes and am not required to pay self-employment tax because I operated at a loss. Upon opening my SC return the first question I'm asked is:
1. What is one of the self-employment tax related to the -$2,304 listed above?
2. What is one half of the self-employment tax on partnership income related to South Carolina (do ot include any of the amount from question 1).
I cannot figure out where or how to come up with this number?! And I can't go any further in my state return as a result.
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‎June 3, 2019
10:27 AM