Minister filing Schedule C
Follow these steps to indicate a Schedule C as a minister filing tax-exempt for self-employment tax purposes.
- Enter2in theSelf-employment codefield on the C screen.
- EnterXin theForm 4361 filed with IRSfield on the Clergy screen.
Taxable income from Schedule C is excluded from self-employment income and isn't subject to self-employment tax.
Exempt-Form 4361
prints next to the self-employment tax line on Form 1040, Schedule 4, Page 2.