The self employment tax is not effected by the exclusion, so that may likely be the reason for the high tax. Check the face of the return on line 57 to see the amount of self employment tax on your return. To look at the return do the following: 1.) Log in to your return 2.) Click on the tax tools link at the bottom of the left hand navigation bar 3.) Click on the tools link. 4.) Click on view tax summary in the Tools Center box. 4.) Click on preview my 1040 in the left hand navigation bar.
