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Self employed
To better understand the source of your self-employment tax and why you had no income tax, I suggest you review the Schedule C's that TurboTax prepared from your entries regarding your businesses. Are you arriving at an assumed net loss on the Uber activity by deducting the cost of the Tesla purchase from your gross receipts? Do you have three Schedule C activities?
As @VolvoGirl noted, the self-employment tax on your return is based on the net profit shown in the second column of your screenshot.
See this TurboTax tips article and this one for more information about Schedule C.
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‎April 9, 2024
6:59 PM