What is Schedule SE?
Schedule SE, Self-Employment Tax, is the form used to calculate the Social Security and Medicare tax (SE tax) paid by self-employed individuals.
Whether your self-employment is full-time or something you do on the side (like drive for Uber, babysit or blog), you need to pay SE tax on the money you made.
We create a Schedule SE and calculate your SE tax if you have at least $400 in net self-employment income (income less related expenses).
We also create this form when it’s needed for another reason, like church employee income or certain types of partnership income.