topic I am self employed. Can I deduct any potion of my 15.3% self employment tax? And if so, what percent? And where do I enter that (Line 27) in TurboTax? in Deductions & credits

I am self employed. Can I deduct any potion of my 15.3% self employment tax? And if so, what percent? And where do I enter that (Line 27) in TurboTax?

missa400 — Sat, 01 Jun 2019 03:15:02 GMT

Yes, you deduct half of your self-employment tax on your...

RichardG — Sat, 01 Jun 2019 03:15:03 GMT

Yes, you deduct half of your self-employment tax on your Form 1040. In fact, TurboTax will do that for you automatically. There's nothing you need to do.