You'll need to sign in or create an account to connect with an expert.
We cannot see what you entered into the taxcaster tool. That tool gives you an estimate but it will not be nearly as precise as entering the data into the tax software. And....the tax software is also using the stimulus money and the recovery rebate credit, which is not part of the taxcaster calculation.
Double check all of your entries for your actual tax return---that is the amount to trust. (if you entered everything correctly and completely).
I paid New Mexico self employment tax on business earning in the amount of $1716, however, on Schedule Schedule SE, and Business Expenses - self employment taxes it shows less - only $1215
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
xxrubyxxmacxx
New Member
idahonative5
New Member
scotttiger
Level 4
cyp54ress
New Member
magicstar41000-y
Level 2
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.