Self Employment Tax Credit

Options
LisaDillonAmato
LisaDillonAmato Member Posts: 1 Newcomer
edited April 3 in Credits/Deductions

How can I tell if my small business return included the Self Employment Tax Credit? Where would I find that? Thanks

Comments

  • RyanZ
    RyanZ FreeTaxUSA Agent Posts: 70
    Options

    Hello LisaDillonAmato, and welcome to the FreeTaxUSA Community!

    It is actually a deduction of one-half of the self-employment tax. You can locate it on your tax return on the Schedule SE. The deduction will then flow to the Schedule 2 line 4.

    If you need further assistance with identifying the deduction, please contact support from within your account.