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23/24 S/E SELF EMPLOYED SOCIAL INSURANCE CONTRIBUTION SCHEDULE FOR THE YEAR 1ST JULY 2023 TO 30TH JUNE 2024 YOU ARE REQUIRED TO COMPLETE THIS SCHEDULE, SIGN THE DECLARATION BELOW AND RETURN IT TO
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What is se?
SE stands for Self-Employment Tax, which is a tax imposed on net earnings from self-employment.
Who is required to file se?
Individuals who have net earnings of $400 or more from self-employment are required to file SE.
How to fill out se?
To fill out SE, use IRS Form 1040 and attach Schedule SE, where you calculate your self-employment tax based on your net earnings.
What is the purpose of se?
The purpose of SE is to ensure that self-employed individuals contribute to Social Security and Medicare funds similar to employees.
What information must be reported on se?
You must report your total self-employment income, deductions, and the resulting self-employment tax on Schedule SE.
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