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Section B

why is there an amount in me SE-T Part 2 line 14

I have no farm income

Is this just a worksheet?

 

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1 Reply
MonikaK1
Employee Tax Expert

Section B

The amount shown on Line 14 of Schedule SE is pre-filled on the form to show the maximum amount of income that can be used with the Farm Optional Method, just as Line 14 is pre-filled with the maximum amount of combined wages and self-employment earnings subject to social security tax.

 

Schedule SE is part of your tax return and shows the calculation of any self-employment tax.

 

Please see this help article for more information regarding self-employment taxes.

 

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