SCHEDULE SE (Form 1040) No. 5548-0074 Self-Employment Tax 2017 1040 or Form Before you beging To determine if you must tle Schedule SE, see the instructions May I Use Short Schedule SE or Must I Use Long Schedule SE? Note: Use this flowchart only if you must fle Schodule SE. It unsure, see Who Must Fale Schedule SE in the instructions more an $127 2007gs Did you receive tips sutject to social seculity or Medicare tax Yes nat you didn't nepont to your employe Are you uaing one of the optional methods to figure your net Yes Did you report ary wages on Form Seourity and Medicare Tax on Wages? No report any wages on Form 8919, Uncollected Social Did you receive ehurch employee income se instructione) Yes reported on Form W-2 of $108.28 or more? may use Short Schedule SE below You must use Long Schedudle SE on page 2 Section A-Short Schedule SE. Caution: Read above to see if you can use Short Schedule SE 1a Net farm profit or (loss) from Schedule F, ine 34, and farm partnerships, Schedule K-1 (Form 1a 1085), box 14, code A b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 Form 1065), box 20, code Z 1b 2 Net profit or (loss) from Schedule C, line 31; Schedule C-EZ, line 3; Schedule K-1 (Form 1065), box 14, code A (other than farming): and Schedule K-1 (Form 1065-B), box 9, code J1 Ministers and members of religious orders, see instructions for types of income to report orn this line. See instructions for other income to report.... Combine lines 1a, 1b, and 2 3 4 Multiply line 3 by 92.35% (0.9235). If less than $400, you don't owe self-employment tax; don't file this schedule unless you have an amount on line 1b Note: If line 4 is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. 5 Self-employment tax. If the amount on line 4 is $127,200 or less, multiply line 4 by 15.3% (0.153). Enter the result here and on Form 1040, line 57, or Form 1040NR, line 55 * More than S 127,200, multiply line 4 by 2.9% (0.029). Then, add $15,772.80 to the result. Enter the total here and on Form 1040, line 57, or Form 1040NR, line 55 Deduction for one-half of self-employment tax. Multiply line 5 by 50% (0.50). Enter the result here and on Form 1040, line 27, or Form 1040NR, line 27 6 Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 113582 Schedule SE (Form 1040) SCHEDULE SE (Form 1040) No. 5548-0074 Self-Employment Tax 2017 1040 or Form Before you beging To determine if you must tle Schedule SE, see the instructions May I Use Short Schedule SE or Must I Use Long Schedule SE? Note: Use this flowchart only if you must fle Schodule SE. It unsure, see Who Must Fale Schedule SE in the instructions more an $127 2007gs Did you receive tips sutject to social seculity or Medicare tax Yes nat you didn't nepont to your employe Are you uaing one of the optional methods to figure your net Yes Did you report ary wages on Form Seourity and Medicare Tax on Wages? No report any wages on Form 8919, Uncollected Social Did you receive ehurch employee income se instructione) Yes reported on Form W-2 of $108.28 or more? may use Short Schedule SE below You must use Long Schedudle SE on page 2 Section A-Short Schedule SE. Caution: Read above to see if you can use Short Schedule SE 1a Net farm profit or (loss) from Schedule F, ine 34, and farm partnerships, Schedule K-1 (Form 1a 1085), box 14, code A b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 Form 1065), box 20, code Z 1b 2 Net profit or (loss) from Schedule C, line 31; Schedule C-EZ, line 3; Schedule K-1 (Form 1065), box 14, code A (other than farming): and Schedule K-1 (Form 1065-B), box 9, code J1 Ministers and members of religious orders, see instructions for types of income to report orn this line. See instructions for other income to report.... Combine lines 1a, 1b, and 2 3 4 Multiply line 3 by 92.35% (0.9235). If less than $400, you don't owe self-employment tax; don't file this schedule unless you have an amount on line 1b Note: If line 4 is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. 5 Self-employment tax. If the amount on line 4 is $127,200 or less, multiply line 4 by 15.3% (0.153). Enter the result here and on Form 1040, line 57, or Form 1040NR, line 55 * More than S 127,200, multiply line 4 by 2.9% (0.029). Then, add $15,772.80 to the result. Enter the total here and on Form 1040, line 57, or Form 1040NR, line 55 Deduction for one-half of self-employment tax. Multiply line 5 by 50% (0.50). Enter the result here and on Form 1040, line 27, or Form 1040NR, line 27 6 Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 113582 Schedule SE (Form 1040)
