Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Self-Employment Tax Form 1040-SS

Introduction

Lesson Objectives

At the end of this lesson, you will be able to:

  • Identify taxpayers that must pay self-employment tax
  • Choose the appropriate method for computing self-employment tax for a taxpayer
  • Choose the appropriate Forms and/or Schedules for recording a taxpayer's self-employment net profit or loss and tax
  • Complete Form 1040-SS (SP) and Form 1040-SS
  • Identify who must pay estimated tax

Estimated time to complete: 30 minutes