Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 17, 2020 7:40:08 AM

Does the running total on my return include self employment tax? Or does that need to be figured separately?

0 2 873
2 Replies
Level 15
Jan 17, 2020 10:44:16 AM

The refund monitor does not mean anything until you have everything entered.  But, if you enter your self-employment income and prepare your schedule C the software will calculate your self-employment tax.  That will be figured in to your refund or tax due.

Level 15
Jan 17, 2020 10:53:42 AM

And so the running total won't include your SE tax until after you've completed your Schedule C.