you would report one-half of your self-employment tax on line 27 of Form 1040 as an adjustment to income, which reduces your Adjusted Gross Income (AGI) and the amount of income tax you owe.
you would report one-half of your self-employment tax on line 27 of Form 1040 as an adjustment to income, which reduces your Adjusted Gross Income (AGI) and the amount of income tax you owe.
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