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So did my tax total include my self employment social security and medicare taxes?

Forum|Forum|7 years ago
June 1, 2019
1 reply
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Do I need to do anything else?

TurboTax Self Employed Online

Best answer by BillM223

Yes, your tax total includes any Social Security and Medicare taxes from self employment.

When you file a Schedule C (Self Employment) and show a profit, TurboTax automatically generates a Schedule SE (Self Employed Taxes). The amount of self employment taxes is then carried to line 4 on Schedule 2 (1040).

[Edited 4/2/2020 4:17 pm - updated for 2019]

B

BillM223Answer

Yes, your tax total includes any Social Security and Medicare taxes from self employment.

When you file a Schedule C (Self Employment) and show a profit, TurboTax automatically generates a Schedule SE (Self Employed Taxes). The amount of self employment taxes is then carried to line 4 on Schedule 2 (1040).

[Edited 4/2/2020 4:17 pm - updated for 2019]

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