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State of North Carolina Department of Public Safety PrisonsChapter: Section: Title: Issue Date: Supersedes:C .1400 Case Management 06/01/2017 08/27/2010POLICY & PROCEDURES .1401 PURPOSE The purpose
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1401 purpose is a form used to report self-employment tax.
Individuals who have net earnings from self-employment of $400 or more are required to file 1401 purpose.
Form 1401 purpose can be filled out by providing information about net earnings from self-employment, calculating self-employment tax, and completing the necessary fields on the form.
The purpose of 1401 purpose is to calculate and report self-employment tax to the IRS.
Information such as net earnings from self-employment, total self-employment tax due, and any other required details must be reported on 1401 purpose.
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