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February 15, 2021
Question

When filing taxes, do i need to file self employment taxes seperate? (Medicaid, social security) or would i tell if i owed on self employment taxes when i file income tax

  • February 15, 2021
  • 1 reply
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1 reply

February 15, 2021

No, you will include your self-employment income and expenses on Schedule C with your regular tax return. TurboTax will calculate any self-employment tax due. It will show on Schedule 2 line 4. Please be aware you will need to upgrade to TurboTax Self-employed.

 

  1. Login to your TurboTax Account 
  2. Click on the Search box on the top and type “self-employed”
  3. Click on “Jump to self-employed”

 

Please see What is the self-employment tax?,  and  What self-employed expenses can I deduct? for additional information.

 

To preview your 1040 and Schedule 2:

  1. Click on "Tax Tools" in the left menu
  2. Click "Tools"
  3. Click "View Tax Summary" in the Tool Center window
  4. Click on "Preview my 1040" on the left

 

 

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