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Form 1040 Schedule C Irs

Form 1040 Schedule C Irs

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Instructions and help about Form 1040 Schedule C Irs

hey everyone i'm bradford with the painting pendulum of personal finance in this video i'm going to walk you through how to fill out irs form 1040 schedule se which is how you're going to calculate how much you owe in self-employment taxes so let's jump into it so here we have irs format 1040 schedule se for tax year 2021 so starting out you're just going to enter your name as well as your social security number and then we're going to jump into part one for self-employment taxes now the majority of people can skip a if they are not a member of the clergy or they work for a church and if you're not a farmer you can also skip 1a and 1b if you are a farmer or a member of the clergy please reference the instructions for this form which i have linked in the description down below so the vast majority of people the first section they're gonna care about filling in is gonna be two so coming down here in this situation i'

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