Hellow guys, Welcome to my website, and you are watching IRS Schedule SE (Self-Employment Tax) Schedule C Business - Step-by-Step Instructions. and this vIdeo is uploaded by Jason D. Knott at 2024-02-23T03:59:48-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | IRS Schedule SE (Self-Employment Tax) Schedule C Business - Step-by-Step Instructions |
| Video Uploader | Video From Jason D. Knott |
| Upload Date | This Video Uploaded At 23-02-2024 11:59:48 |
| Video Discription | IRS Schedule SE is used to report and calculate a taxpayer's self-employment taxes. Under the default method, a taxpayer pays self-employment taxes on their net self-employment earnings. There are two optional methods available (the Nonfarm Optional Method and the Farm Optional Method). Self-employment taxes are a total of 15.3%, which is 12.4% of Social Security taxes and 2.9% of Medicare taxes. In this example, the taxpayer has a Schedule C business and calculates his net SE earnings using the standard method. For a larger database of tutorials, please visit our website and search for your question: https://knottlearning.com/ DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials. #ScheduleSE #SelfEmployed #Form1040 |
| Category | Education |
| Tags | schedule c form 1040 | how to complete schedule c form 1040 | schedule se | schedule se form 1040 | self employment tax | self employment tax calculation | self employment taxes explained | self employment tax deduction | self employment tax credit | how to prepare schedule se | how to file schedule SE | self employment tax form | how to calculate self employment tax | self employment tax return | how to prepare schedule SE | personal finance | personal finance 101 | how to prepare form 1040 |
