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Self employed
You don't enter it. Turbo Tax automatically gives it to you. You get to take off the 50% ER portion of the SE tax as an adjustment on 1040 Schedule 1 line 15 which flows to 1040 line 10. It reduces your taxable income for the regular income tax but won't reduce the total self employment tax on 1040 line 23.
May 5, 2024
4:17 PM
2,240 Views