//1Σ1SCHEDULE SE≥ SOCIAL SECURITY SELF-EMPLOYMENT TAX≥
1990 * 17▌(Form 1040)≥ 2OMB No. 1545-0074▌≥-O▌≥ =SSN:▀πC1*▀DπC2*▌≥=O▌You MUST file Schedule SE if:▌ o Your net earnings from self-employment were $400 or more; OR▌ o You were an employee of a church or church-controlled organization that▌ paid you wages (church employee income) of $100 or more; AND▌ o Your wages subject to social security and RRTA were less than $51,300.▌EXCEPTION:▌ If your only self-employment income was from earnings as a minister,▌ member of a religious order, or Christian Science practitioner, AND you▌ filed Form 4361 and received IRS approval not to be taxed on those▌ earnings, DO NOT file Schedule SE. Instead, write "Exempt-Form 4361"▌ on Form 1040, line 48.▌You MUST use the long Schedule SE (Section B) if any of these apply:▌ o You elect the "optional method" to figure self-employment tax;▌ o You are a minister, member of a religious order, or Christian Science▌ practitioner and you received IRS approval not to be taxed on your▌ earnings from these sources, but you owe self-employment tax on▌ other earnings.▌ o You had church employee income of $100 or more that was reported on W-2.▌ o You had tip income subject to social security tax, but you did not report▌ those tips to your employer;▌ o You were a government employee with wages subject ONLY to the 1.45%▌ Medicare part of the social security tax AND the total of all of your▌ wages plus all your earnings subject to self-employment tax is more▌ than $51,300.▌≥-O▌SECTION A. Short Schedule SE (Read above to see if you must use long Sch SE.)▌≥-O▌ 1. Net profit or loss from Schedule F and farm partnerships.....1.|▀Eß▌≥ B|≥- ▌ 2. Net profit or loss from Schedule C and nonfarm partnerships..2.|▀Eß▌≥ B|≥- ▌ 3. Combine lines 1 and 2≥.'3.|▀Eß▌≥ B|≥- ▌ 4. Multiply line 3 by .9235. If less than $400, do not file≥ |▌ this schedule; you do not owe self-employment tax≥. 4.|▀Eß▌≥ B|≥- ▌ 5. Maximum amount subject to social security tax≥.5.|▀Eß▌≥ B|≥- ▌ 6. Total social security wages and tips from Forms W-2 and≥ |▌ railroad retirement compensations (tier 1). Do not include |▌ Medicare qualified government wages on this line≥. 6.|▀Eß▌≥ B|≥- ▌ 7. Subtract line 6 from line 5. If the result is zero or less, |▌ stop here; you do not owe self-employment tax≥.7.|▀Eß▌≥ B|≥- ▌ 8. Enter the smaller of line 4 or line 7≥.8.|▀Eß ▌≥ B|≥- ▌ 9. Rate of tax≥.19.| x .153 ▌≥ B|≥- ▌10. Self-employment tax. If line 8 is $51,300 enter $7,848.90. |▌ Otherwise, multiply line 8 by line 9 and enter the result. |▌ Also enter this amount on Form 1040, line 48≥.10.|▀Eß
▌ Note: Also enter one-half of line 10 on Form 1040, line 25. ≥- ▌≥=O▌For Paperwork Reduction Act Notice, see instr.≥ Schedule SE (Form 1040) 1990▌AM Software H838≡//2Σ1⌠N90SCHS1*▀" X▌▌▀SE-1▌▌▌▌▌▌▀πC1*▀DπC2*▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▌▀Eß▌▌▀Eß▌▌▀Eß▌▌▀Eß▌▌▌▌▀Eß▌▌▀Eß▌▌▀Eß ▌▌▌▌▌▀Eß
