Skip to main content
Level 2
April 13, 2020
Question

Is solar energy credit only apply to income tax due and not to self emlpoyenet tax for social security?

  • April 13, 2020
  • 2 replies
  • 14 views

If a I do not owe Federal Insome Tax but owe Self- Employment social security Tax, will my Solar Energy credit be applied to to the Self- Employment tax? I computed on Turbo tax but it does not carry over to the self-employemnt tax.  Please advise. Pete C  

    2 replies

    ColeenD3
    Level 15
    April 13, 2020

    No. Self-employment tax is a completely different tax. It is put toward your social security and medicare accounts. It is not Federal income tax.

    PceledonAuthor
    Level 2
    April 14, 2020

    Thank you Coleeen, you confirmed my answer. Pete C