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It depends on how much your 1099-MISC was for. If your 1099-MISC showed income in box 7, it's subject to not only income tax but self-employment tax, which is the equivalent of the FICA that gets withheld from your wages.
For 2017, the Self Employment Tax rate was 12.4% for Social Security and 2.9% for Medicare. You can claim 50% of what you pay in self-employment tax as an income tax deduction, which TurboTax computes automatically.
See this for more information on Self Employment Tax.
It depends on how much your 1099-MISC was for. If your 1099-MISC showed income in box 7, it's subject to not only income tax but self-employment tax, which is the equivalent of the FICA that gets withheld from your wages.
For 2017, the Self Employment Tax rate was 12.4% for Social Security and 2.9% for Medicare. You can claim 50% of what you pay in self-employment tax as an income tax deduction, which TurboTax computes automatically.
See this for more information on Self Employment Tax.
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