Magill Posted March 3, 2022 Posted March 3, 2022 Does anyone have the formula for a self employment integrated contribution calculation. My formula is not working correctly with the check and I am not sure if it’s the way I am checking it that is the issue.
kpension Posted March 4, 2022 Posted March 4, 2022 Publication 560 https://www.irs.gov/publications/p560 has a contribution worksheet towards the end of the publication. Is the SE tax calculation/deduction what you mean by integration? Or is the contribution formula integrated with Soc Sec?
Bri Posted March 4, 2022 Posted March 4, 2022 If you throw your numbers out here, one of us can probably spot-check and find your discrepancy.
Tom Poje Posted March 5, 2022 Posted March 5, 2022 you might be able to verify it from this spreadsheet. haven't looked at it in years, only look at this website once and awhile heck, I'm retired so I m not going any farther than that... ideal salary current.xls Dave Baker 1
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