Self-Employment Tax and Married Couples
If each spouse earns self-employment income:
- Each spouse must prepare his own Schedule SE.
- Each spouse must pay his own self-employment tax.
- Each spouse includes his own social security number (or employer identification number (EIN) if required) on his separate Schedule SE.
- Each spouse's Schedule SE is attached to the joint return (Form 1040) along with each Schedule C.
- Note: Remember, only one (1) Schedule SE is prepared by each spouse, regardless of how many Schedule Cs are filed.
Community Property States
For self-employment tax purposes, business income is not treated as community property.
The spouse actually carrying on the business is subject to self-employment tax.
Community property states include:
- New Mexico
Retirees and Self-Employment Tax
If you're retired and collecting social security benefits you must still pay self-employment tax on self-employment income.
For Freelancers and independent Contractors
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- Pay your quarterly estimated taxes online.
- Export Schedule C to TurboTax at year-end for faster filing.
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Have an accounting or bookkeeping question? Email it to me.
- Return to the Business Taxes Table of Contents to find related links