I am self employed. My W2 reflects my personal taxes but not taxes paid for self employment FICA, is it tax deductible?

[Zbucklyo · Accepted solution]

The medicare and social security taxes withheld in a W-2 are not deductible.  When you pay self-employment tax as a result of self-employment, half of the tax is deductible (but not on Schedule C, as a deduction for regular income tax purposes).