Entering data to make a self-employment tax adjustment on Schedule SE Self-Employment Tax
will cause the TaxACT program to automatically utilize the Section B - Long Schedule SE
To enter or review an adjustment for Schedule SE:
- From within your TaxACT return (Online or Desktop) click on the Federal Q&A tab
- Click Taxes to expand the category and then click Self-employment tax adjustments
- Continue to the screen titled Self-Employment Tax - Adjustments. On the line for Other adjustments (+ or -) enter the amount (as a negative number) which should be exempt from self-employment tax.