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June 5, 2019
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Not sure what and how to prorate?

  • June 5, 2019
  • 1 reply
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 Given different sources of income including W2, dividends and self employment and all self employment income was on IL, then  100% of the 1/2 self employment deduction should be allowed or just the percentage of the SE income to the overall income  ? Same question for line 28 (self employed SEP, SIMPLE etc) ?

Best answer by MichaelDC

Yes. The 1/2 Self-Employment deduction is a direct function of your IL Self-Employment as is the Line 28 SEP deduction.

If you have additional questions or details regarding this, please feel free to post in the comments for further clarification.


1 reply

MichaelDCAnswer
Employee
June 5, 2019

Yes. The 1/2 Self-Employment deduction is a direct function of your IL Self-Employment as is the Line 28 SEP deduction.

If you have additional questions or details regarding this, please feel free to post in the comments for further clarification.