freebyyy7364 freebyyy7364
  • 03-01-2018
  • Social Studies
contestada

How does austin's self-employment tax affect his tax return?

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andriansp andriansp
  • 12-01-2018
The self-employment tax is shown on Form 1040, Other Taxes section, and the deductible part is an adjustment on Form 1040, 
They also allow people who are considered themselves as self-employed to distingusih which of their daily purcahse that could be included as expenses for their business or not which would  determine the final amount of the deductible.
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