Summit Racing SUM-G2339 - Summit RacingÂ® Molded Gasket Windage Trays Compare Windage Tray, Molded Gasket, Louvered, Nylon, Black, 3.750 in. Maximum Stroke, Chrysler, Big Block, Each
You figure self-employment tax (SE tax) yourself using Schedule SE (Form 1040). Social Security and Medicare taxes of most wage earners are figured by their employers. Also you can deduct the employer-equivalent portion of your SE tax in figuring your adjusted gross income.
In order to report your Social Security and Medicare taxes, you must file Schedule SE (Form 1040), Self-Employment Tax (PDF). Use the income or loss calculated on Schedule C or Schedule C-EZ to calculate the amount of Social Security and Medicare taxes you should have paid during the year.