Hello, I'd appreciate some help with the nonfarm optional method as this is my first year being self-employed. Turbotax indicates "The taxpayer may not use this method more than five times and net self-employment income must have been $400 or more for at least two out of the last three years prior to this year." Since this is my first year being self-employed, does this mean I cannot select this method to calculate self-employment tax?
