What is Schedule SE?
Schedule SE is used to report your self-employment taxes. The self employment tax form is in addition to your regular Form 1040  and business Schedule C for profit or loss.
When do you use Schedule SE?
You must fill out Schedule SE if you earned $400 or more from your self-employed position. For church employees, this amount is $108.28 or more. Your self employment is subject to self employment tax.
What is Self Employment Tax?
The self-employment tax is for independent contractors and self-employed individuals who do not get taxes taken out of their salary already. Since there is no withholding for Medicare or Social Security , you pay the self-employment tax.
How to Calculate Self Employment Tax
To determine the amount you need to pay on Schedule SE use the following formula to calculate your self-employment tax .
IRS Schedule SE Forms
- You can access the Schedule SE Form  and schedule se instructions  from the IRS website.
- If your filing status  is married filing jointly and both partners are self-employed, each person must have their own form.
While you are figuring out your net income, you can deduct items you have purchased or other costs related to your work. Here is a list of common tax deductions for the self-employed .
More Self Employed Tax Topics
- What is the Self Employed Health Insurance Deduction? 
- How to Calculate Self Employment Tax 
- What You Need to Know About Tax Losses 
- Is Your Business Really a Hobby in the Eyes of the IRS? 
- Tax Deductions for the Self Employed 
- Tips for Filing Your Taxes with Self Employment Income