topic TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE? in Business & farm

TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

genefield — Sun, 13 Oct 2019 14:18:52 GMT

Re: TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

DoninGA — Sun, 13 Oct 2019 14:31:09 GMT

Did you have a net profit for your self-employment? Look at your Schedule C Line 31 for a net profit and Line 32 for a net loss.

Look at your Form 1040 Schedule 1 Line 12 for the profit or loss. If a loss then there will not be a Schedule SE included with your tax return.

Re: TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

genefield — Wed, 16 Oct 2019 10:11:44 GMT

Thank you for your response. I do have a profit on Schedule C Line 31 and the Schedule SE did not generate.

However, part of my Gross receipts on line 1 were provided on a W-2. Therefore I checked the box as statutory employee. Did that negate generation of Schedule SE?

topic TT Home &amp; Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE? in Business & farm

TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

Re: TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

Re: TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE?

topic TT Home & Business. Reported income on Sch C. TT did not generate Sch SE for self-employment taxes. How do I generate Sch SE? in Business & farm