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Self-employment tax is the Social Security and Medicare tax that you owe for the profit of any self-employed business that you include on your tax return.
If you are self-employed selling art design products, you will enter your income and expenses on Schedule C. Then, any self-employment tax that you owe based on the overall profit of your business will be calculated and included as part of your tax return.
Use the following steps to go to the Schedule C section of your return to enter your income and expenses from your business:
On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “schedule c” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to schedule c”
Click on the blue “Jump to schedule c” link
Self-employment tax is the Social Security and Medicare tax that you owe for the profit of any self-employed business that you include on your tax return.
If you are self-employed selling art design products, you will enter your income and expenses on Schedule C. Then, any self-employment tax that you owe based on the overall profit of your business will be calculated and included as part of your tax return.
Use the following steps to go to the Schedule C section of your return to enter your income and expenses from your business:
On the top row of the TurboTax online screen, click on Search (or for CD/downloaded TurboTax locate the search box in the upper right corner)
This opens a box where you can type in “schedule c” (be sure to enter exactly as shown here) and click the magnifying glass (or for CD/downloaded TurboTax, click Find)
The search results will give you an option to “Jump to schedule c”
Click on the blue “Jump to schedule c” link
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