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June 5, 2019
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Did turbo tax calculate my self employement tax due when I put in my consulting business 1099 income

  • June 5, 2019
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Best answer by Patrice11

Yes, TurboTax will calculate self-employment tax whenever you enter your 1099-MISC income.  The self-employment tax will be on line 57 of your 1040. 

1 reply

Patrice11Answer
Employee
June 5, 2019

Yes, TurboTax will calculate self-employment tax whenever you enter your 1099-MISC income.  The self-employment tax will be on line 57 of your 1040.