Asked by Jason
Lara owns and runs a small bakery. Her self-employment tax on line 12 of Schedule SE (Form 1040) for 2025 was $1,800. How much can she deduct on Schedule 1 (Form 1040), line 15?
$0
$360
$900
$1,800
All Answers 1
Answered by
GPT-5 mini
AI
$900
You can deduct one-half of your self-employment tax as an adjustment to income. Half of $1,800 is $900, reported on Schedule 1 (Form 1040), line 15.
You can deduct one-half of your self-employment tax as an adjustment to income. Half of $1,800 is $900, reported on Schedule 1 (Form 1040), line 15.
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