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    <title>topic My Taxable Income is $1634, why is my Tax Liability $1643? I'm self employed so using the 15.3% for self employed shouldn't I owe $251.38 if my Taxable Income is $1634? in Get your taxes done using TurboTax</title>
    <link>https://ttlc.intuit.com/community/taxes/discussion/my-taxable-income-is-1634-why-is-my-tax-liability-1643-i-m-self-employed-so-using-the-15-3-for-self/01/1683960#M598627</link>
    <description>My total income is $14982, deductions is $13348, Taxable income is $1634, Blended tax rate is 100.6%, and Tax liability is $1643. I'm confused where the $1643 came from</description>
    <pubDate>Wed, 15 Jul 2020 02:23:59 GMT</pubDate>
    <dc:creator>ivyloveevans-gma</dc:creator>
    <dc:date>2020-07-15T02:23:59Z</dc:date>
    <item>
      <title>My Taxable Income is $1634, why is my Tax Liability $1643? I'm self employed so using the 15.3% for self employed shouldn't I owe $251.38 if my Taxable Income is $1634?</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/my-taxable-income-is-1634-why-is-my-tax-liability-1643-i-m-self-employed-so-using-the-15-3-for-self/01/1683960#M598627</link>
      <description>My total income is $14982, deductions is $13348, Taxable income is $1634, Blended tax rate is 100.6%, and Tax liability is $1643. I'm confused where the $1643 came from</description>
      <pubDate>Wed, 15 Jul 2020 02:23:59 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/my-taxable-income-is-1634-why-is-my-tax-liability-1643-i-m-self-employed-so-using-the-15-3-for-self/01/1683960#M598627</guid>
      <dc:creator>ivyloveevans-gma</dc:creator>
      <dc:date>2020-07-15T02:23:59Z</dc:date>
    </item>
    <item>
      <title>Re: My Taxable Income is $1634, why is my Tax Liability $1643? I'm self employed so using the 15.3% for self employed shouldn't I owe $251.38 if my Taxable Income is $1634?</title>
      <link>https://ttlc.intuit.com/community/taxes/discussion/re-my-taxable-income-is-1634-why-is-my-tax-liability-1643-i-m-self-employed-so-using-the-15-3-for/01/1702289#M606190</link>
      <description>&lt;P&gt;The Self-Employment tax (schedule 2, line 4) on your SE Income is likely causing the screwy % number.&amp;nbsp; The SE tax is assessed on your self-employment gain &lt;U&gt;&lt;EM&gt;before&lt;/EM&gt;&lt;/U&gt; your taxable income is reduced by your personal tax deductions.&amp;nbsp; &amp;nbsp;&lt;/P&gt;&lt;P&gt;&amp;nbsp;&lt;/P&gt;&lt;P&gt;The 15.2% SE tax assessed should show up on line 4 of the Schedule 2, and is calculated based on the values shown on your Schedule SE.&lt;/P&gt;</description>
      <pubDate>Sat, 01 Aug 2020 13:53:25 GMT</pubDate>
      <guid>https://ttlc.intuit.com/community/taxes/discussion/re-my-taxable-income-is-1634-why-is-my-tax-liability-1643-i-m-self-employed-so-using-the-15-3-for/01/1702289#M606190</guid>
      <dc:creator>SteamTrain</dc:creator>
      <dc:date>2020-08-01T13:53:25Z</dc:date>
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