Posted by Michael/NC on 4/9/11 2:21pm
Msg #379324
Taxes
I received a letter today from the IRS and they denied the "Exempt Notary" reduction on line 3 of the Self Employment Tax form "Schedule SE". The instructions for filling out the form still has the Exempt Notary provisions on page 4 for 2010. I hope this is just an error that the IRS has made. Has anyone else had this problem this tax year? My previous 3 years went through without issues.
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Reply by Doris_CO on 4/9/11 3:31pm
Msg #379331
See the comment below. Msg #379310 That might answer your question.
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Reply by Michael/NC on 4/9/11 3:51pm
Msg #379335
No, that message doesn't apply. I filed the old fashion way and even wrote Notary Exempt and the amount on line 3 as the instructions specify. Glad to hear no one else has had this problem. Probably just an IRS error.
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Reply by John Tennant on 4/9/11 4:16pm
Msg #379338
Michael, go to the following website and pdf and look at page 4 of the instructions. Hopefully this can answer your question.
http://www.irs.gov/pub/irs-pdf/i1040sse.pdf - 188.4KB
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Reply by MW/VA on 4/10/11 9:44am
Msg #379368
Thanks, John. I was sweating for a minute there, thinking
they might have done away with the exemption. That would cost me a bundle.
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Reply by Retsing on 4/10/11 7:19pm
Msg #379391
Re: Thanks, John. I was sweating for a minute there, thinking
As mentioned in a previous posting, my return was rejected electronically on the first try. On the 3rd try, it went through.
I file single, unmarried but don't think that was the problem.
As John (I believe) pointed out, IRS was having a few problems.
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Reply by Janet Heien on 4/11/11 7:23pm
Msg #379467
Re: Thanks, John. I was sweating for a minute there, thinking
I just got a letter from the irs saying I owe over $500 because of the self employment tax. I used turbo tax and never had a problem before....I called the irs and she said do an amended form 1040x..but I don't think this will fix it...I am wondering if it is something in turbo tax that has stated the notary income wrong??
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