The first two pages explain the problem and the following pages after thatare the required tax forms that go with the assignment that must be filled out. The forms include the 1040, Schedule C, Schedule SE, 1120, and 8829. It is an extensive problem but I do need assistance and although this very "problem" is in Course Hero there are no answers only the Rubric that someone uploaded without any of the tax forms either. Please be thorough and as precise as can be-I appreciate very much the assistance.

magma 2% 533% c323 2mmn_ "o x392" H. 53} is: nmwm 3:533:13 mam." Susm 83:63. 9; QmEmnSao: .5 :2 m: amcm mm m: .32; 32m umm: __ Phone no. Firm's name D Finn's address > 7 _ 7 7 _ a E 1 040 Department of the Treasuryilntemal Reveniie Service (99) .9 us. Individual Income Tax Return For the year Jan. Hleo. 31. 2016, or other tax year beginning Your rst name and initial Last name 2 1 6 OMB No. 15450074 IFtS Use OnlyiDo not write orstaple in this space. , 2916, ending ,20 See separate instructions. Your social security number ' i If a joint return, spouse's rst name and initial Last name Home address [number and street). If you have a PO. box, see instructions. City, town or post office. state, and ZlP code. if you have a foreign address, also complete spaces below (see instructions). Foreign country name Filing Status ' Esmg'e Check only one 2 [I Married ling jointly (even if only one had income) 3 i3 Married filing separately. Enter spouse's SSN above Spouse's social security number A Presidential Election Campaign ' - Check here iiyou, oryoursporise if filing Make sure the SSle) above and on line So are correct. . . . jointly, want $3 to go to 1111's lurid. Checking Foreign provrncet'statelcounty Foreign postal code a box below wil not change your tax or refund. D You DSoouse 4 D Head of household (with qualifying person). (See instructions.) If the qualifying person is a child but not your dependent, enter this child's name here. F bOX- and full name here. P 5 D Qualifying widow(er) with dependent child Exemptions 63 El Yourself. if someone can claim you as a dependent, do not check box 6a . . } Eggsaegged 1: Ci Spouse . . . . . (in . rrchIId Ind . .17 . Nogtrhildren c Dependents: c2) Doperident's (a) Dependents f. " er 39"- . 0". Pi . . . . quarriylng for child tax credit 0 lived until you (1) First name lastname WEI senunty number "WWW" 1" you (see instructions) . did not live with If more than four dependents, see instructions and check here F El you due to divorce or sepalaon (see instmctionsl Dependents on 60 not entered above Add numbers on (1 Total number of exemptions claimed . lines above b Income 7 Wages, salaries, tips, etc. AttaCh Fom'l(s) W2 _ 8a Taxable interest. Attach Schedule B if required . . . . . . . . . . b Tax-exempt interest. Do not include on line 8a . . I St: I 7 - QTZZZLWRIIE') 9a Ordinary dividends. Attach Schedule B if required . . 7' attach Forms b Qualified dividends . . . . . . . 9b - , _ - W-ZG and 10 Taxable refunds, credits, or offsets of state and focal income taxes 1O 1099"! if tax 11 Alimony received . . . . . . . . . . 11 was Withheld. 12 Business income or (loss). Attach Schedule C or C-EZ . . . . . 12 _ _ 13 Capital gain or (loss). Attach Schedule D it required. if not required check here D D m " youvtairnot 14 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . m g; instinctions. 15a lFtA distributions l 15a l b Taxable amount @ //16a Pensions and annuities b Taxable amount . - 17 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E -_ 18 Farm income or (loss). Attach Schedule F . 19 Unemployment compensation . . . . . . . . . . . . . _ _ 203 Social security benets i 203 I b Taxable amount 20b 21 Other income. List type and amount _______________ 2 Combine the amounts in thefar right column for lines 7 throug _ 23 Educator expenses . Ad] "Sted 24 Certain business expenses of reservists, performing artists, and Gross fee-basis goiiemment ofcials. Attach Form 21 on or 2106-EZ Income 25 Health savings account deduction. Attach Form 8839 3- 26 Moving expenses. Attach Form 3903 . "- 27 Deductible part of self-employment tax. Attach Schedule SE. "- 28 Sellemployed SEP, SIMPLE, and qualied plans 3- 29 Self-employed heatth insurance deduction - 30 Penalty on early withdrawal of savings . . " 31a Alimony paid b Recipient's SSN b- l i 31a 32 lFlAdeduction . . . . . . _ 32 _ 33 Student loan interest deduction. 33 34 Tuition and fees. Attach Form 8917. . 34 35 Domestic production activities deduction. Attach Form 8903 35 _ 36 Add lines 23 through 35 . . . . . . 1 37 Subtract line 36 from line 22. This' is your adjusted gross income For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No.11320i3 Form 1040 (2015) F 1 1 20 U.S. Corporation Income Tax Return 0MB "- 1545-0123 M" F I d r2016 riax ear b in in . 2016, endin , 20 Department of the Treasury or ca en ar yea o y 39 n '9 ----------- _- ------- _ _ g ----- _ ---------------------- g (D 1 6 Jntemal Revenue Service > Information about Form 1120 and its se- , rate mstructions Is at wwuurs. ,- ovlfarm1120. A Check if: Name B Employer identication number 13 Consolidated return (attach Form 551) .:| TYPE b Lifelnonllfe CONSOIi' Number. street, and room or suite no. If a PD. box. see instructions. 0 Date incorporated dated return . . .:| on 2 Personal holding co. PRINT 3 Personal service corp. (see instructions) . :l 1 $ 4 Schedule M-a atlachedj E Check if: (1) D Initial return (2) E] Final retum (3) D Name change [4) I: Addrus change 1aGrossreceiptsorsaies................. m- b Returnsandallowances. . . . . . . . . . . . . . . . . "- c Balance. Subtract line 1b from line 1a - 2 Cost of goods sold (attach Form 1125A) . n 3 Gross prot. Subtract line 2 from line is . u g 4 Dividends (Schedule 0, line 19) ll 3 5 Interest 5 6 Gross rents 7 Gross royalties - 8 Capital gain net' income (attach Schedule D (Form 1120)). n 9 Net gain or (loss) from Form 4797, Part II, line 17 (attach Form 4797) u 10 Other income (see instructionsattach statement) . . m 11 Total Income. Add lines 3 throu h 10 . . > E- 3.- 12 Compensation of officers (see instructionsattach Form 1125- -E) _ b 5 13 Salaries and wages (less employment credits) " 'g 14 Repairs and maintenance " g 15 Bad debts . IE : 16 Rents IE 3 1 7 Taxes and licenses . 18 Interest It! 19 Charitable contributions . . . . . . . . . . . . . . . . . . . m E 20 Depreciation from Form 4562 not claimed on Form 1125-A or elsewhere on return (attach Form 4562) . m :0: 21 Depletion . m g 22 Advertising . . m 33 23 Pension. profitsharing, etc., plans E _ g 24 Employee benefit programs . m _ ,5 25 Domestic production activities deduction (attach Form 8903). a __ 3'; 26 Other reductions (attach statement) _ m _ 'g; 27 Total deductions. Add lines 12 through 26 . . . . . . . . _ . . _ . _ _ b E 5 28 Taxable income before net operating loss deduction and special deductions. Subtract line 27 from line 11. E 293 Net operating loss deduction (see instructions) . . . . . . . . . . 29a E b Special deductions (Schedule C, line 20) _ _ . _ _ _ _ _ _ . . _ m- G Add lines 29a and 29b . . . . . . Taxable income. Subtract line 290 from line 28. See instructions Total tax (Schedule J, Part], line 11). . . Total payments and refundable credits (Schedule J, Part II, line 21) . . . . . . . . . Estimated tax penalty. See instructions. Check if Form 2220' is attached . . . . . . . . F 1:) Amount owed. If line 32 is smaller than the total of lines 31 and 33, enter amount owed Overpayment. If line 32 is larger than the total of lines 31 and 33, enter amount overpaid 36 Enter amount from line 35_you want: Credited to 2017 estimated tax F Hetunded > Under penalties of perjury, I declare that l have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief. it is true. correct. ESSBE Tax, Refundable Credits, and Payments S- n and complete. Deciaration of preparer (other than taxpayer) is based on ail information of which preparer has any knowledge. '9 May the lFtS discuss this return Here I with the preparer shown below? ' _ . ' See instructions. DYx E) No Signature of officer Date Title _ Pn'ntn" pe preparer's name Preparer's signature Date PTIN Paid y Check III 'rl . selfem to d Preparer __. " ye F' . F' ' EiN Use Only "m 6 name ' rrm s b- Firm's address > Phone no. For Paperwork Reduction Act Notice. see separate instructions. Cat. No. 114500 Form 1 120 (2016) Form 1 120 (2015) Page 2 Schedule C Dividends and Special Deductions (see instructions) (a) Dividends 1D 11 12 13 14 15 16 17 1B 19 (1:) Special deductions (b) "'6 (a) x lb) Dividends from lessthan20%owned domestic corporations (other than debt-financed stock)........ Dividends from 20%ormoreowned domestic corporations (other than debt-nanced. stock)........ Dividends on debt'nanced stock of domestic and foreign corporations . instructions I N Dividends on cedain preferred stock of lessthan20%-owned public utilities Dividends on certain preferred stock of 20 %-or-more-owned public uiities . 45 Dividends from lessthan20%owned foreign corporations and certain FSCs 7O Dividends from 20%-ormore-owned foreign corporations and certain F803 50 Dividends from wholly DWned foreign subsidian'es . . . _ . . _ _ _ _ _ 'lOO Total. Add lines 1 through 8. See instructions for limitation Dividends from domestic corporations received by a small business investment company operating under the Small Business Investment Act of 1958 . . . . . '1 OO Dividends from afliated group members . . . . . . . . . . . . . . 1 OO Dividends from certain FSCs . . . . . . . . . . '. . . . . , . . 'I 00 Dividends from foreign corporations not included on line 3, 6, 7, B, 11, or 12 Income from controlled foreign corporations under subpart F (attach Fonn(s) 5471) Foreign dividend gross-up . ' iCDISC and former DISC dividends not included on line 1, 2, or 3 . _ . . Other dividends . . . . . . . . . . . . Deduction forividends paid on certain preferred stock of public utilities . . Total dividends. Add {ines1 through 17. Enter here and on page 1, line 4 . b - Totals cial deductions. Add lines 9, 10, 11, 12, and 18. Enter here and on o. oe 1, line 29b . . . . . . . P Form 1 1 20 (2016) OMB No. 1545-0074 26316 Expenses for Business Use of Your Home > File only with Schedule C (Form 1040). Use a separate Form 8829 for each home you used for business during the year. Attachment D Information about Form 8829 and its separate instructions Is at www.irs.govlform8829. Sequence No. 1 76 Your social security number F... 8829 Department of the Treasury internal Flevenue Service (99) Name(s) of proprietor(s) Part of Your Home Used for Business 1 Area used regularly and exclusively for business, regularly for daycare, or for storage of 3"? inventory or product samples (see instructions) . . . . . . . . . . . . . . . . , 2Totalareaofhome . . . . . . . . . . . .. 3 Divide line 1 by line 2. Enter the result as a percentage . . . ' ' For daycare facilities not used exclusively for business, 90 to line 4. All others, go to line 7. 4 Multiply days used for daycare during year by hours used per day 5 Total hours available for use during the year (366 days It 24 hours) (see instructions) 6 7 Divide line 4 by line 5. Enter the result as a decimal amount . Business percentage. For daycare facilities not used exclusively for business, multiply line 6 by line 3 (enter the result as a percentage). All others, enter the amount from line 3 3 Enter the amount from Schedule C, line 29, plus any gain derived from the business use oi your home. minus any loss from the trade or business not derived from the business use of your home (see instructions) See instructions for columns (a) and (h) before completing lines 921. 9 Casualty losses (see instructions). . . 10 Deductible mortgage interest (see instructions) 11 Real estate taxes (see instructions) . 12 Add lines 9,10 and t1 . . . . 13 Multiply line 12, column (b) by line 7. 14 Add line 12, column (a) and line 13 15 Subtract iine 14 from line 8. If zero or less, enter -0 16 Excess mortgage interest (see instructions) 17 Insurance 18 Rent . . . . . 19 Repairs and maintenance . . . . . Utilities . . . . Other expenses (see instructions). Add lines 16 through 21. . Multiply line 22, column (b) by line 7.. Carryover of prior year operating expenses (see instructions) 25 Add line 22, column (a), line 23, and line 24 . . . 26 Allowable operating expenses. Enter the smaller of line 15 or line 25. 27 Limit on excess casualty iosses and depreciation. Subtract line 26 from line 15 28 Excess casualty losses (see instructions) 29 Depreciation of your home from line 41 below 30 Carryover of prior year excess casualty losses and depreciation (see instructions) . _ 31 Add lines 28 through 30.. . . 32 Allowable excess casualty losses and depreciation Enter the smaiier of line 27 or line 31 . 33 Add lines 14 26, and 32. 34 Casualty loss portion, ifany, from lines 14 and 32. Carry amount to Form 4684 (see instructions) 35 Allowable expenses for business use of your home. Subtract line 34 from line 33. Enter here asses Enter the smaller of your home's adjusted basis or its fair market value (see instructions) . 37 Value of land included on line 36.. . . 38 Basis of building. Subtract line 37 from line 36 39 Business basis of building. Multiply line 38 by line 7. 4O Depreciation percentage (see instructions) _ . . 41 De reciation allowable (see instructions). Multiply line 39 13 line 40. Enter here and on line 29 above" mi Carryover of Unallowed Expenses to 2017 42 Operating expenses. Subtract line 26 from line 25. if less than zero, enter -0- . . . . 43 Excess casual losses and de reciation. Subtract line 32 from line 31. If less than zero, enter [1- For PapennIork Reduction Act Notice, see your tax return instructions. Cat. No. 13232M Form 8829 (2016) ahedule C (Form 1040) 2016 Page 2 IE!" Cost of Goods Sold (see instructions) 33 34 37 4O 41 42 Method(s) used to value closing inventory: a El Cost b E] Lower of costor market 0 C] Other (attach explanation) Was there any change in determining quantities, costs, or valuations between opening and closing inventory? If"Yes,"attachexplanaon . . . . . . . . . . . . . . . . . . . . . . . . . . D Yes D N lnventoryat beginning of year. If differentfrom last years closing inventory, attach explanation . . . 1 Purchases less cost of items withdrawn for personal use Cost of labor. Do not include any amounts paid to yourself . Materials and supplies Other costs . Add lines 35 through 39 . Inventory at end of year . Cost of goods sold. Subtract line 41 from line 40. Enter the result here and on line 4 . Information on Your Vehicle. Complete this part only if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562. 43 When did you pEace your vehicle in service for business purposes? (month, day, year) t_________[_________/_________ 44 Of the total number of miles you drove your vehicle during 2016, enter the number of miles you used your vehicle for. a Business __________________________________ b Commuting (see instructions) ___________________________.,__, c Other _____________________________________ 45 Was your vehicle available for personal use during off-duty hours? . . . . . . . . . . . . . . . El Yes :1 N0 46 Do you (or your spouse) have another vehicle available for personal use?. . . . . _ . . . . . . . . :I Yes :I N0 473 Do you have/evidence to support your deduction? . . . . . . . . . . . . . . . . . . . . :I Yes :i No b If "Yes," is the evidence written? . . |:| Yes D No IE" Other Expenses. List below business expenses not included on lines 826 or line 30. Total other expenses. Enter here and on line 27a . Schedule 0 (Form 1640] 2016 OMB No. 1545-0074 216 SCHEDULE C (Form 1040) Department of the Treasury Internal Revenue Service (99) Profit or Loss From Business (Sole Proprietorship) b- lnformation about Schedule C and its separate instructions is at wwwirsyovfschedulec. Attachment bAtlach to Form 1040, 1040NFl, or 1041; partnerships generally must le Form 1065. sequence No. 09 Social security number (SSH) Name of proprietor Principal business or profession, including product or service (see instructions) Business name. If no separate business name, leave blank. r D Employer ID number (EIN), (see instr.) E Business address (including suite or room no.) r ' City, town or post office, state, and ZIP code F Accounting method: (1) EICash (2) DAccrual (3) C] Other (specify) D G Did you "materially participate" in the operation of this business during 2016? If "No," see instructions for limit on losses . I: Yes D "0 H If you started or acquired this business during 2016, check here . . _ . . . . . . . . . . . . b I: I Did you make any payments' In 2016 that would require you to le Form(s) 1099? (see instructions). . . . . . . . E Yes D N" J if "Yes," did ou or will ou le required Forms 1099? . . . . . . . . . . . . . . . . . . . . . E Yes D No 1 Gross receipts or sales. See instmctions for line 1 and check the box if this income was reported to you on _ Form W-2 and the "Statutory employee" box on that form was checked . . . . . . . . . P E) 2 Hetums and allowances . 3 Subtract line 2 from line 1 . . 4 Cost of goods sold (from line 42) 5 Gross profit. Subtract line 4 from line 3 . . . . . . . . . 6 Other income, including federal and state gasoline or fuel tax credit or'refund (see instructions) . 7 Gross Income. Add lines 5 and 6.. ' . . . b Part II Expenses. Enter expenses for business use of your home only on line 30. 8 Advertising . . . . . 8 18 Ofce expense (see instructions) 9 Car and truck expenses (see 19 Pension and protsharing plans instructions). . . . . 9 20 Rentor lease (see instructions): 10 Commissions and fees . 10 - 3 Vehicles, machinery, and equipment 11 Contract tabor (see instructions) 11 b Other business property 12 Depiction . . . 12 21 Repairs and maintenance . . . 13 Depreciation and section179 22 Supplies (not included in Part ur) . expense deduction (not 23 T or included in Part ill) (see axes an Icenses ' ' ' ' ' instructions). . . . . 13 24 Travel, meals, and entertainment: 14 Employee benefit programs a Travel. . . . _ _ _ _ , (other than line 19). . b Deductible meals and 15 Insurance (other than health) entertainment (see instructions) ~ 16 interest: 25 Utilities . . . . . Mortgage (paid 11) banks, etc.) 26 Wages (less employment credits) . 26 b Other . . . 27a Other expenses (from line 48) . . 21a Legal and professional services b Reserved for future use . . Total expenses before expenses for business use of home. Add lines 8 through 27a . Tentative profit or (loss). Subtract line 28 from line 7 . Y . E o- SE83: Btpenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless Using the simplied method (see instructions). Simplied method filers only: enter the total square footage of: (a) your home: and (b) the part of your home used for business: . Use the Simplied Method Worksheet in the instructions to figure the amount to enter on line 30 31 ' Net profit or (loss). Subtract line (301er line 29. - If a prot. enter on both Form 1040, line 12 (or Form 1040NR, line 13) and on Schedule SE, line 2. (If you checked the box on line 1, see instructions). Estates and trusts, enter on Form 1041, line 3. - If a loss, you must go to line 32. 32 If you have a loss, check the box that describes your investment in this activity (see instructions). - If you checked 32a, enter the loss on both Form 1040, line 12, (or Form 1040MB, line 13) and on Schedule SE, line 2. (if you checked the box on line 1, see the line 31 instructions). Estates and _._. 32"" D A" investment is at 05k- trusts, enter on Form 1041, line 3. 32b El Some Investment IS not ' k. - if you checked 32b, you must attach Form 6198. Your loss may be limited. at "s For Paperwork Reduction Act Notice, see the separate instructions. Cat. No. 1133!"? Schedule 0 (Form 1040) 2016 Schedule SE (Form 1040) 2016 Attachment Sequence No. 1 1 ' Page 2 Name of person with setf-emplayI-nent income (as shown on Form 1040 or Form 1040NR) Social security number of person with self-employment income > Section BLong Schedule SE Self-Employment Tax Note. If your only income subject to self-employment tax is church employee income, see instructions. Also see instructions for the definition of church employee income. A It you are a minister, member of a religious order, or Christian Science practitioner and you led Form 4361, but you had $400 or more of other net earnings from self- -employment, check here and continue with Part I . . . . . . P C] 13 Net farm prot or (loss) from Schedule F, tine 34, and farm partnerships, Schedule K1 (Form 1065): box 14, code A. Note. Skip lines 1a and 1b if you use the farm optional method (see instructions) 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 0- E2, line 3; Schedule K1 (Form 1065), box 14 code A (other than farming); and Schedule K 1 (Form 1065-8), box 9, code J1. Ministers and members of religious orders, see instructions for types of income to report on this line. See instructions for other' Income to report. Note. Skip this line if you use the nonfarm optional method (see instructions) . 3 CombInelInes1a1b,and2. . . _ 4a lf line 3 Is more than zero, multiply line 3 by 92.35% {0. 9235). OthenIvise, enter amount from line 3 E= Note. If line 4a us less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. a- b If you elect one or both of the optional methods, enter the total of lines 15 and 17 here . c Combine lines 4a and 4b. If fess than $400, stop; you do not owe selfemployment tax. Exception. If less than $400 and you had church employee income, enter 0 and continue D 5a Enter your church employee income from Form W 2. See instructions for definition of church employee' Income . . 53 , b Multiply line 5a by 92 35% (0. 9235). If less than $100, enter -0- . 6 Add lines 4c and 5b 7 Maximum amount of combined wages and selfemployment earnings subject to social security tax or the 6.2% portion of the 7.65% railroad retirement (tier 1) tax for 2016 . . . . . . 118, 500 00 Ba Total social security wages and tips (total of boxes 3 and 7 on Form(s) W 2) and railroad retirement (tier 1) compensation. It $118, 500 or more, skip lines so through 10, and go to line 11 b Unreported tips subject to social security tax (from Form 4137, line 10) m- c Wages subject to social security tax (from Form 8919, line 10) m_-3d Add lines 8a, 8b, and 8c . . . . 9 Subtract line 8d from line 7. If zero or less, enter 0- here and on line 10 and go to line 11 .> n 10 Multiply thesmaller of line 6 or line 9 by 12.4% (0.124) . 11 Multiply line 6 by 2.9% (0.029).. 12 Self-employment tax. Add lines 10 and 11. Enter here and on Form 1040, line 57, or Form 1040MB, line 55 13 Deduction for one- -half of self-employment tax. Multiply line 12 by 50% (0.50). Enter the result here and on Form 1040, line 27, or Form 1040MB, line 27 . . . . . . 13 Part 0 Optional Methods To Figure Net Earnings (see instructions) Farm Optional Method. You may use this method only if (a) your gross farm income' was not more than $7, 560, or (b) your net farm prof ts2 were less than $5,457. 14 Maximum income for optional methods . . . . . . 15 Enter the smaller of:.two thirds (2/3) of gross farm income1 (not iess than zero) or $5,040. Also include this amount on line 4b above. Nonfarm Optional Method. You may use this method only if (a) your net nontarm profits3 were less than $5,457 and atso less than 72.189% of your gross nonfarm income, and (b) you had net earnings from seif employment of at least $400 in 2 of the prior 3 years. Caution. You may use this method no more than five times. 16 Subtract line 15 from line 14. 17 Enter the smaller of: two-thirds {2/3) of gross nonfarm income' (not less than zero) or the amount on line 16. Also include this amount on line 4b above. . . 17 ' From Sch. F, line 9, and Sch. K 1 (Form 1065), box 14, code B. 3 From Sch. C, line 31; Sch. C E, line 3, Sch K 1 (Form 1065), box 14, code 2 From Sch. F, line 34, and Sch. K 1 (Form 1065), box 14, code A minus the A' and 30" K 1 (Form 1065 B)' box 9 cude J1 amount you would have entered on line 1b had you not used the optional ' From Sch. C, line 7; Sch. CvEZ, iin; Sch. K 1 (Form 1065), box 14, code method. C; and Sch. K1 (Form 10658), box 9, code .12. Schedule SE (Form 1040) 2016 D. 5,040 00 OMB No, 1545-0074 216 Attachment Sequence No.1 7 SCHEDULE SE (Form 1040) Self-Employment Tax D Information about Schedule SE and its separate instructions is at www.irs.govlschedulese. Department of the Treasury ' lntemal Revenue Service (99) bAttach to Form 1040 or Form 1040NR. Name of person with salt-employment income (as shown on Form 1040 or Form 1040MB) SOCIaI security number of person WIth self-employment Income D Before you begin: To determine if you must file 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 le Schedule SE. if unsure, see Who Must File Schedule SE'i the instructions. Did you receive wages or tips in 2016? No Yes Are you a minister, member of a religious order, or Christian Science practitioner who received lFiS approval not to be taxed Yes on earnings from these sources, but you owe selfemployment tax on other earnings? Was the total of your wages and tips subject to social security Yes or railroad retirement (tier 1) tax plus your net earnings from selfemployment more than $118,500? .. is Are you using one of the optional methods to gure your net Yes Did you receive til-t3 SUbJ'eCl *0 SOCial Security 0!" Medicare tax Yes earnings (see instructions)? that you dIdn't report to your employer? repented on Form W2 of $108.23 or more? lNo Security and Medicare Tax on Wages? No You must use Long Schedule SE on page 2 Did you receive church employee income (see instructions) Section AShort Schedule SE. Caution. Read above to see if you can use Short Schedule SE. 1a Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K1 (Form 1065),box14,codeA. b if you received social security retirement or disability benets, enter the amount at Conservation Reserve Program payments included on Schedule F line 4b or listed on Schedule K-1 (Form 1065), box 20, code 2 2 Net profit/{r (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 K1 (Form 1065-3), box 9, code J1. Ministers and members of religious orders, see instructions for types of income to report on this line. See instructions for other income to report . Combine iines 1a, 1b, and 2 Multiply line 3 by 92. 35% (0.9235). If less than $400, you don't owe selfemployment 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: - $118,500 or less, multiply line 4 by 15.3% (0.153). Enter the result here and on Form 1040, line 57, or Form 1040MB, line 55 . ' - More than $118,500, multiply line 4 by 2.9% (0.029). Then, acid $14,694 to the result. Enter the total here and on Form 1040, line 57, or Form 1040NFl, line 55 . 6 Deduction for one-half oi selfemployment tax. Multiply line 5 by 50% (0.50). Enter the result here and on Form 1040, line 27, or Form 1040MB, line 27 . aw For Paperwork Reduction Act Notice. see your tax return instructions. Cat. No. 11358Z Schedule SE (Form 1040) 2016