Thank you@pkfor your explanation regarding the exclusion process. Looks like self employment tax is taken from worldwide income after expenses but before the st...
DaveF1006I finished entering all the expenses. Based on my calculations I should owe $2,604.82 (15.4%) in self-employment tax on taxable income of $17,025. I sh...
Turbo tax still calculates income tax owed after the standard deduction. Here is the current calculation (I still have about 2.5k of expenses to add which will ...
