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Retirement tax questions
When you enter your business income and expenses in TurboTax, the program will create a Schedule C - Profit or Loss from Business and also a schedule SE - Self-Employment Tax.
TurboTax will then calculate your self-employment tax and include it in the amount of tax due. So the amount of tax due that you see in TurboTax includes Self-Employment tax.
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May 31, 2019
9:34 PM