Schedule SE Adjustments Worksheet

Schedule SE Adjustments Worksheet ► Keep for your records 2014 Name(s) Shown on Return Social Security Number QuickZoom to the Short Schedule SE (Schedule SE, page 1) . . . . ► QuickZoom to the Long Schedule SE (Schedule SE, page 2) . . . . ► (a Taxpayer (b) Spouse 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 2 Farm 3 Other 4 Less 5 Total 6 Conservation employment a Schedule b Schedule c Total Schedules F partnerships, Schedules K-1 SE farm profit or (loss) (See Help) SE exempt farm profit or (loss) (See Help) for Schedule SE, line 1 Reserve Program payments not subject to self- tax reported on: F, line 4b K-1 (Form 1065), box 20, code Z CRP payments not subject to SE tax ,35[ Il_l_l Nonfarm Profit or (Loss) Schedule SE, line 2 1 a Total b Less 2 Nonfarm 3 Forms 4 Other 5 a Clergy b Clergy c Less d OulckZoom 6 Other 7 Less 8 Total 9 Exempt Schedules C SE exempt Schedules C (approved Form 4361) partnerships, Schedules K-1 6781 SE income reported as income on Form 1040, line 7 Form W-2 wages housing allowance clergy business deductions to the Explanation statement for entry on line 5c SE nonfarm profit or (loss) (See Help) other SE exempt nonfarm profit or (loss) (See Help) for Schedule SE, line 2 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) 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 IMI IMI EFTA01220926