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February 28, 2025
Question

Shouldn't my earned income be equal to my taxable income (self employed)?

  • February 28, 2025
  • 1 reply
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    1 reply

    DawnC
    Employee
    February 28, 2025

    No.  Your earned income (net earnings from self-employment) is reduced by your standard or itemized deduction, and qualified business income, to get to your taxable income.   

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