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SPRING 2016 SE NS OK CENT IRK RAN SCHOOL DIS TR RCS Continuing R AV E N A C Developing Tomorrow's Leaders Today O A EY MIC T Education Have you always wanted to get a better handle on your finances?
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S - S E stands for Schedule SE, which is used by self-employed individuals to calculate and report their self-employment tax.
Self-employed individuals who have net earnings of $400 or more from self-employment are required to file Schedule SE.
To fill out Schedule SE, you will need to calculate your net earnings from self-employment, then use the schedule to determine your self-employment tax.
The purpose of Schedule SE is to calculate and report the amount of self-employment tax that self-employed individuals owe.
On Schedule SE, you must report your net earnings from self-employment, calculate your self-employment tax, and report any credits or deductions that apply.
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