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jmkelly55
New Member

I DO NOTORIES AND AM NOT REQUIRED TO PAY TAXES ON THE FEES COLLECTED. WHY DOES THE SYSTEM STILL SHOW $2902 INCOME? SHOULD IT NOT BE ZERO?

 
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MichaelMc
New Member

I DO NOTORIES AND AM NOT REQUIRED TO PAY TAXES ON THE FEES COLLECTED. WHY DOES THE SYSTEM STILL SHOW $2902 INCOME? SHOULD IT NOT BE ZERO?

Notary public fees are taxable for federal income tax purposes. They are, however, exempt from self-employment (FICA) tax.

With your tax return open in TurboTax online, enter "notary public, se tax" in the search box and you will find a link to the place in your return where you can adjust your self-employment tax.

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1 Reply
MichaelMc
New Member

I DO NOTORIES AND AM NOT REQUIRED TO PAY TAXES ON THE FEES COLLECTED. WHY DOES THE SYSTEM STILL SHOW $2902 INCOME? SHOULD IT NOT BE ZERO?

Notary public fees are taxable for federal income tax purposes. They are, however, exempt from self-employment (FICA) tax.

With your tax return open in TurboTax online, enter "notary public, se tax" in the search box and you will find a link to the place in your return where you can adjust your self-employment tax.

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