topic Re: Schedule SE line 7 in Get your taxes done using TurboTax

Schedule SE line 7

ustaozhang — Mon, 29 Apr 2024 18:54:13 GMT

Can you see my tax return 2023 schedule SE line 7? I don’t know where’s the amount $160200 from.

Re: Schedule SE line 7

Anonymous_ — Mon, 29 Apr 2024 18:17:37 GMT

No one here can see your tax return, in whole or in part.

However, Line 7 is the maximum amount of combined wages and self-employment earnings subject to social security tax.

Re: Schedule SE line 7

DoninGA — Mon, 29 Apr 2024 18:17:23 GMT

That amount is pre-filled on the Schedule SE by the IRS.

As stated on the Line 7 -

Maximum amount of combined wages and self-employment earnings subject to social security tax or
the 6.2% portion of the 7.65% railroad retirement (tier 1) tax for 2023

Re: Schedule SE line 7

VolvoGirl — Mon, 29 Apr 2024 18:16:43 GMT

No we can not see your tax return. Schedule SE line 7 is a default max amount. It is printed on all SE forms. See IRS blank SE form. It's not from your data.

https://www.irs.gov/pub/irs-pdf/f1040sse.pdf

Re: Schedule SE line 7

ustaozhang — Mon, 29 Apr 2024 18:54:49 GMT

Thanks