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How to reduce my self employment tax

 
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2 Replies

How to reduce my self employment tax

not sure what you are asking; that tax is 15.3%  - none of your federal tax credits or deductions can reduce it.

 

 

How to reduce my self employment tax

You asked:  "How to reduce my self employment tax"

 

Be sure to enter all of your eligible Schedule C business expenses.  That will lower your net self-employment income, and therefore less SE tax, and likely less income tax, too.

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