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Deduction of self employment tax with s-corp and schedule SE?
Filing 1120S with turbotax business and issuing myself a schedule k-1 and w-2. Paid self employment tax on the w-2 portion.
I understand that half of the employer portion is an above the line deduction. Was this deduction already taken somewhere when preparing my 1120s because I cannot use/turbotax is not using schedule SE for line 27 of my 1040.
My total SE tax was 19k and I want to make sure I got that above the line deduction somewhere. Help!
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‎June 5, 2019
10:20 PM