dmertz
Level 15

Retirement tax questions

You've entered your net profit of $75,891 twice.  Remove one of those entries.  If you received a Form 1099-MISC showing this income, box 7 of that one 1099-MISC form in TurboTax is the only place you should have entered the $75,891.

 

The maximum permissible is 20% of net earnings, not 25%.  Net earnings is net profit minus the deductible portion of self-employment taxes.