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MI Form 1040 (Schedule C-EZ): What You Should Know
If you work primarily or entirely for your employer, you can report only part-time work. In this case, claim only the income that exceeds the smaller of the two deductions (1) or (2). 10. Deduction for Medical Expenses The medical expenses from the self-employment income of the employee are generally deductible in the employee's U.S. income if you have the total of these deductions allowed under this subsection (b)(2) : The employee's income for more than 1 calendar year (including extensions) that is subject to tax under Part XVIII (and thus cannot be used for U.S. federal income tax purposes) The employee's total medical expenses for all periods the employee is a self-employed person during a calendar year, and If your total medical expenses are more than 10% of your self-employment income, then the portion of the deductible expenses for which the expenses are not limited by the limitations of this subsection (b)(2) that exceed 10% is not included in the taxable income of the self-employed person. 2021 Michigan Employment Tax Return Instructions Use Schedule C (Form 1040), Profit or Loss from an Alimony or Support Payment from an Employee, in lieu of Schedule E (Form 1040) and Schedule O (Form 1040), Schedule of Federal Income Tax and Self-Employment Income in Schedule A. 2021 Michigan Employment Tax Return Instructions Note: If you file this form as a joint return with an employer or the partner of your spouse, then include the amount in Box 12 of Schedule E (Form 1040), Schedule of Federal Income Tax and Self-Employment Income in Schedule A. Use this Form on a U.S. tax return only if the information provided on this Form matches the information provided on your U.S. tax return. 2021 Individual Income Tax Returns Forms and instructions to figure self-employment tax based on the amount in box 11, 12, and 22 of Michigan's tax return, as shown on your return, as well as information from Michigan's tax return. 2021 Michigan Individual Income Tax Returns Answers to common questions about self-employment tax due to the income from a self-employment business.
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