Get 2012 Schedule SE (Form 1040) - Internal Revenue Service - Dhs State Ia

Generally, your net earnings from self-employment are subject to self-employment tax. If you are self-employed as a sole proprietor or independent contractor, you generally use Schedule C to figure net earnings from self-employment.

Self-Employed Persons You must pay SE tax if you had net earnings of $400 or more as a self-employed person. If you are in business (farm or nonfarm) for yourself, you are self-employed. You also must pay SE tax on your share of certain partnership income and your guaranteed payments.

Form 1040 Schedule SE is the form used by taxpayers to figure the amount owed in self-employment tax. If you are self-employed and had net earnings from self-employment totaling more than $400, your Form 1040 must include a Schedule SE.

Use Schedule SE (Form 1040) to figure the tax due on net earnings from self-employment. The Social Security Administration uses the information from Schedule SE to figure your benefits under the social security program.

0:47 9:48 Suggested clip How to Fill out Schedule SE (IRS Form 1040) - YouTubeYouTubeStart of suggested clipEnd of suggested clip How to Fill out Schedule SE (IRS Form 1040) - YouTube

Self-Employed Persons You must pay SE tax if you had net earnings of $400 or more as a self-employed person. If you are in business (farm or nonfarm) for yourself, you are self-employed. You also must pay SE tax on your share of certain partnership income and your guaranteed payments.

The net income information on Schedule C is used to determine the amount of self-employment tax you owe (for Social Security/Medicare taxes); Schedule SE is used to calculate the self-employment tax amount.

The net income information on Schedule C is used to determine the amount of self-employment tax you owe (for Social Security/Medicare taxes); Schedule SE is used to calculate the self-employment tax amount.

Use Schedule SE (Form 1040) to figure the tax due on net earnings from self-employment. The Social Security Administration uses the information from Schedule SE to figure your benefits under the social security program.

Use Schedule SE (Form 1040) to figure the tax due on net earnings from self-employment. The Social Security Administration uses the information from Schedule SE to figure your benefits under the social security program.