Schedule SE computes self-employment tax (15.3 percent Social Security and Medicare) on net earnings from self-employment reported on Schedule C, and half of that tax is deducted on Form 1040.
It applies to business miners, validators, contractors paid in crypto, and NFT creators operating as a business. Investors do not file it.
The hobby-versus-business classification decides whether Schedule SE applies at all. Self-employment tax.
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