EFTA01220926.pdf

Schedule SE Adjustments Worksheet 2014 ► Keep for your records Name(s) Shown on Return Social Security Number (a Taxpayer (b) Spouse QuickZoom to the Short Schedule SE (Schedule SE, page 1) . . . . ► QuickZoom to the Long Schedule SE (Schedule SE, page 2) . . . . ► _ A Use Long Schedule SE, even if qualified to use Short Schedule SE . B Approved Form 4029. Exempt from SE tax on all income C Chapter 11 bankruptcy net profit or loss for Schedule SE, line 3 . . D QuickZoom to the Explanation statement for any adjustment to SE income/loss shown on a partnership K-1. (See Help) UrHflitil LII Farm Profit or (LOSS) Schedule SE, line 1 1 Total Schedules F 2 Farm partnerships, Schedules K-1 3 Other SE farm profit or (loss) (See Help) 4 Less SE exempt farm profit or (loss) (See Help) 5 Total for Schedule SE, line 1 6 Conservation Reserve Program payments not subject to self- employment tax reported on: a Schedule F, line 4b b Schedule K-1 (Form 1065), box 20, code Z c Total CRP payments not subject to SE tax ,35[ Il_l_l Nonfarm Profit or (Loss) Schedule SE, line 2 1 a Total Schedules C b Less SE exempt Schedules C (approved Form 4361) 2 Nonfarm partnerships, Schedules K-1 3 Forms 6781 4 Other SE income reported as income on Form 1040, line 7 5 a Clergy Form W-2 wages b Clergy housing allowance c Less clergy business deductions d OulckZoom to the Explanation statement for entry on line 5c 6 Other SE nonfarm profit or (loss) (See Help) 7 Less other SE exempt nonfarm profit or (loss) (See Help) 8 Total for Schedule SE, line 2 9 Exempt Notary Public income for Schedule SE, line 3 (See Help). . ;,1'] 111_1 Farm Optional Method Schedule SE, page 2, Part II 1 Use Farm Optional Method 2 Gross farm income from Schedules F 3 Gross farming or fishing income from partnership Schedules K-1 . 4 Other gross farming or fishing self-employment income 5 Total gross income for Farm Optional Method :Hill l_li51 Nonfarm Optional Method Schedule SE, page 2, Part II 1 Use Nonfarm Optional Method (Must have had net SE earnings of $400 or more in 2 of prior 3 years and used the Nonfarm Optional Method less than 5 times) IMI IMI 2 Gross nonfarm income from Schedules C 3 Gross nonfarm income from partnership Schedules K-1 4 Other gross nonfarm self-employment income 5 Total gross income for Nonfarm Optional Method EFTA01220926