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Calculating the Tax
To calculate self-employment tax on the Short Schedule SE, enter the net profit from line 3 of Schedule C-EZ to line 2 of Schedule SE, Section A.
Follow the instructions on the form to determine:
- Net earnings from self-employment on line 4, and
- Self-employment tax on line 5
Enter the amount from line 5 of Schedule SE to line 57 of Form 1040.
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