IRS = no self employment tax for 2016 due to negative NET Schedule C income. TurboTax calculates SE tax based on GROSS income. How do I correct Schedule SE in TurboTax?
I went through the IRS calculator and it says no self employment tax due. TurboTax seems to be taking the gross income from line 7, Schedule C and ignoring the net income (loss) shown on line 31, Schedule C. This problem did not occur in 2014 or 2015, but just shows up in the 2016 version. How do I correct this?