If i am filing my taxes through turbo tax self-employed does the state and federal balance that is due include social security and medicare taxes?

 
PaulaM
Expert Alumni

Retirement tax questions

Yes, the amount of tax due on your Federal return will include self-employment taxes. The total self-employment tax is listed on line 57 of your 1040. The 1/2 deduction for the self-employment taxes is listed on line 27 of your 1040.

Your return will include the Schedule SE where the computation for the self-employment taxes is made. Most state returns begin with your federal return details, but if there were any state specific questions, then you would answer under the State tab.

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