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Self employed
Hi, @David586 , thanks for the question!
It's true that TurboTax will calculate the self-employment tax owed on self-employment income when you file your annual tax return. I'm a little confused by your phrase "taken out", though. Since FICA is reported on a W-2 form, it will also be reflected in your tax return once you enter the W-2 into TurboTax.
Does that answer your question? Please let me know if not. Thanks!
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‎August 30, 2023
12:46 PM