When you enter your Forms 1099-MISC as well as any other business income, if applicable, then enter your expenses, then TurboTax will calculate the Social Security and Medicare tax for you on the net proft. There is nothing you need to do separately.
If you would like to view your Form 1040 after your entries you can do that any time or as many times as you like. These taxes will be shown on page 2, in the Other Taxes section, line 57.
- Select My Account in the
upper right
- Select Tools
- Select View Tax Summary
- Select Preview My 1040 (above)
- View the image attached.
