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Step 4: Schedule SE

Schedule SE calculates self-employment tax based on your net profit from self-employment.

Step 4 of 8

Quick access: Schedule C | Schedule SE | Form 2555 | Schedule 1 | Form 1040

Important: FEIE Does Not Usually Eliminate This Tax

Even if you exclude foreign earned income using Form 2555, you may still owe self-employment tax.

Self-employment tax is separate from regular income tax. It generally covers Social Security and Medicare contributions.

Do You Need Schedule SE?

Schedule SE may apply if you have net earnings from self-employment.

Where This Fits in Your Tax Flow

Schedule SE usually comes after Schedule C because it depends on your net business profit.

View the current-year filing sequence →

Download Schedule SE

Download Schedule SE from the IRS

Estimate Your Self-Employment Tax

This is a simplified estimate. Your actual calculation may depend on the current Schedule SE instructions, wage base limits, other wages, and other tax facts.

How the Tax Is Commonly Estimated

Step 1: Adjustment

Schedule SE generally starts by multiplying net self-employment earnings by 92.35%.

Net Profit × 92.35% = Adjusted Net Earnings
  

Step 2: Self-Employment Tax Rate

The simplified self-employment tax rate is commonly shown as 15.3%, which includes Social Security and Medicare portions.

Adjusted Net Earnings × 15.3% = Estimated Self-Employment Tax
  

This simplified estimate does not account for all possible limits, exceptions, or current-year adjustments.

What to Do Next

After calculating self-employment tax, review how the result flows into the rest of the return.

Do Not Skip Schedule SE Just Because You Live Abroad

Living abroad does not automatically remove self-employment tax. If you are self-employed, Schedule SE may still be required even when FEIE reduces regular U.S. income tax.

Review self-employment tax for expats →

Detailed Walkthroughs & Examples

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Next Step: Review Schedule 1

After Schedule SE, certain self-employment-related adjustments may connect into Schedule 1 before the final Form 1040 calculation.

Continue to Schedule 1 →