When required, round your computations to the nearest dollar and use the rounded amount in subsequent computations. Enter amounts as positive numbers. If an answer is zero, enter "0".

Question Content Area

1. (no COVID-19 provisions) Joanne Plummer is self-employed in 2021. Her Schedule C net income is $36,600 for the year, and Joanne also has a part-time job and earned $4,400 that was subject to FICA tax. Joanne received taxable dividends of $1,110 during the year, and she has a capital gain on the sale of stock of $9,100. Joanne did not elect to defer her payroll taxes or claim any sick and family leave credits in 2020 or 2021. Calculate Joannes self-employment tax using Schedule SE (page 1 only) of Form 1040.

SCHEDULE SE (Form 1040) Department of the Treasury Internal Revenue Service (99)	Self-Employment Tax Go to www.irs.gov/ScheduleSE for instructions and the latest information. Attach to Form 1040, 1040-SR, or 1040-NR.	OMB No. 1545-0074
		2021 Attachment Sequence No. 17

Name of person with self-employment income (as shown on Form 1040, 1040-SR, or 1040-NR) Joanne Plummer

Social security number of person with self-employment income

Part I

Self-Employment Tax

Note. If your only income subject to self-employment tax is church employee income, see instructions for how to report your income and the definition of church employee income.
A	If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form 4361, but you had $400 or more of other net earnings from self-employment, check here and continue with Part I . . . . . . . . . . . . . . . . . . . . . . . . . .
Skip lines 1a and 1b if you use the farm optional method in Part II. See instructions.
1a	Net farm profit or (loss) from Schedule F, line 34, and farm partnerships, Schedule K-1 (Form 1065), box 14, code A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . . . . . . .
					1a
b	If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 (Form 1065), box 20, code AH. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .				1b	(	)
Skip line 2 if you use the nonfarm optional method in Part II. See instructions.
2	Net profit or (loss) from Schedule C, line 31; and Schedule K-1 (Form 1065), box 14, code A (other than farming). See instructions for other income to report or if you are a minister or member of a religious order . . . . . . . . . . . . . . . .				2	fill in the blank 13dfd502afb2f81_1
3	Combine lines 1a, 1b, and 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .				3	fill in the blank 13dfd502afb2f81_2
4a	If line 3 is more than zero, multiply line 3 by 92.35% (0.9235). Otherwise, enter amount from line 3. .				4a	fill in the blank 13dfd502afb2f81_3
	Note: If line 4a is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions.
b	If you elect one or both of the optional methods, enter the total of lines 15 and 17 here . . . . . . . .				4b
c	Combine lines 4a and 4b. If less than $400, stop; you don't owe self-employment tax.
	Exception: If less than $400 and you had church employee income, enter -0- and continue				4c	fill in the blank 13dfd502afb2f81_4
5a	Enter your church employee income from Form W-2. See instructions for definition of church employee income. . . . . . . . . . . . . . . . . . . . . . .
		5a
b	Multiply line 5a by 92.35% (0.9235). If less than $100, enter -0- . . . . . . . . . . . . . . . . . . . . . . . . . .				5b
6	Add lines 4c and 5b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .				6	fill in the blank 13dfd502afb2f81_5
7	Maximum amount of combined wages and self-employment earnings subject to social security tax or the 6.2% portion of the 7.65% railroad retirement (tier 1) tax for 2021 . . . . . . . . . . . . . . . . . . . .
					7	142,800
8a	Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $142,800 or more, skip lines 8b through 10, and go to line 11 . . . . . . . . . . . . . . .
		8a	fill in the blank 13dfd502afb2f81_6
b	Unreported tips subject to social security tax from Form 4137, line 10	8b
c	Wages subject to social security tax from Form 8919, line 10 . . . . .	8c
d	Add lines 8a, 8b, and 8c . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .				8d	fill in the blank 13dfd502afb2f81_7
9	Subtract line 8d from line 7. If zero or less, enter -0- here and on line 10 and go to line 11 .				9	fill in the blank 13dfd502afb2f81_8
10	Multiply the smaller of line 6 or line 9 by 12.4% (0.124) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .				10	fill in the blank 13dfd502afb2f81_9
11	Multiply line 6 by 2.9% (0.029) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .				11	fill in the blank 13dfd502afb2f81_10
12	Self-employment tax. Add lines 10 and 11. Enter here and on Schedule 2 (Form 1040), line 4 . . .				12	fill in the blank 13dfd502afb2f81_11
13	Deduction for one-half of self-employment tax.
	Multiply line 12 by 50% (0.50). Enter here and on Schedule 1 (Form 1040), line 15 . . . . . . . . . . . . . . . . . .
		13	fill in the blank 13dfd502afb2f81_12