Level 2

671

Forum|Forum|1 year ago
February 23, 2025
5 replies
32 views

The following diagnostic is generating:

The taxpayer may benefit by electing the Optional Self-Employment Tax method. Refer to IRS Schedule SE instructions for information regarding benefits that can be derived.

Solution:

Review the SE Instructions and if wanting to choose the Optional Self-Employment Tax method refer to the Help Article below.

Help Article

Informational, will not prevent e-file transmission.

T

tcochranjtcllpAuthor

Level 2

Does anyone know how to fix this in Lacerte

sjrcpa

Level 15

Maybe, if you tell us what it says.

The more I know the more I don’t know.

S

strongsilence

Level 10

you have to copy and paste the text of the diagnostic

@tcochranjtcllp

A

Anonymous

671: The taxpayer may benefit by electing the Optional Self-Employment Tax method. Refer to IRS Schedule SE instructions for information regarding benefits that can be derived. See this link for more about diags. 671 is Informational

S

strongsilence

Level 10

About ten years ago, I did this calculation a few times. It didn't benefit anybody. So I never did it again. Perhaps Intuit can design and offer an Optional SE Tax worksheet.

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