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The deductible part of your self-employment tax is listed on schedule 1, part II on line 15. It represents half the self-employment tax that you pay on net self-employment income. It is calculated automatically based on your self-employment tax that is listed on line 4 of schedule 2.
Okay. It is not showing as half as it is showing as the full amount in my taxes owed. I calculated the 15.3% and it is showing that as being the full amount owed without any credits or deductions for it. I am trying to figure out how to see the spreadsheet to input it myself or at least make sure it is showing but I cannot figure out how to see the breakdown. How do I view the form 1040 on here?
Here is how to view your 1040 in in TurboTax online:
If you are using TurboTax Desktop (download or disc):
All fixed! Thank you.
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