ugafun
Returning Member

How to verify Self-employment Tax as it is computed field. How to see on the schedule?


I have a side consulting business where I get 1099 NEC.   When I enter them, the tax owed is of course increasing (per Schedule C).  Later in Turbo Tax there is a calculated tax of Business tax.   It says to reference Schedule J which has some Dividends on it but it is not related to Business but rather to Personal Dividends Income.   Why is this? What is the Business Self-employment Tax?