From IRS publication 334:
"Notary public. Fees you receive for services you perform as a notary public are reported on Schedule C but are not subject to SE tax (see the Instructions for Schedule SE (Form 1040))."
http://www.irs.gov/publications/p334#en_US_2023_publink1000313608 (scroll down to Special Rules and Exceptions and click on Notary Public)
Am I missing something?? |