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are you preparing form 7202 for self-emplyed?

ouadpi
Level 2
 
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2 Comments 2
TaxGuyBill
Level 15

If the taxpayer qualifies for it, yes.

If the taxpayer does not qualify for it, no.

Karl
Level 8
Level 8

I'm trying to always make inquiries for my SE folks and see if I can rationalize taking it for them.  The qualifications appear pretty broad.

What I don't like is the presumed ~250 workdays.  I have photographer clients that don't work M-F.  So their net income is being divided up assuming they work five days a week.  But that's another rant for another day...

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