;Schedule SE short form  M FORM
LINES=20
^\`SCHEDULE SE  (continued) - Page 2                                     1992 * 18
^\`(Form 1040)                                                   OMB No. 1545-0074
^\`Name: \~ A00_\;                 SSN: \~ A01_\;
}\bSection B - Long Schedule SE\p
<\`\bA\p  If you are a minister, member of a religious order, or Christian
<\`   Science practitioner, AND you filed a \bForm 4361\p, but have $400 or
<\`   more of other earnings subject to self-employment tax,
<\`   continue with Part I and check here....................................\~ M19_\;
>enter an 'x'
^\`\bA\p  Filed Form 4361, and have $400 or more of other earnings               \~ M19_\;
<\`
<\`\bB\p  If your only earnings subject to self-employment tax are wages from
<\`   an electing church or church-controlled organization that is exempt
<\`   from employer social security taxes and you are not a minister or
<\`   a member of a religious order, skip line 1-4b.  Enter zero on line
<\`   4c and go on to line 5a.
`
'\VPart I\v\b  Figure Social Security Self-Employment Tax\p
'\b1\p  Net farm profit or (loss) from Schedule F.......\+9\+3\~1  b.M00_\;
>...line 36 and farm partnerships, Schedule K-1 (Form 1065), line 14a
'\b2\p  Net profit or (loss) from Schedule C, line 31
'   and Schedule K-1 line 15a (other than farming)..\+9\+3\~2  b.M01_\;
>Employees of a church organization do not enter Form W-2 wages on line 2
'\b3\p  Combine lines 1 and 2.  Enter Total.............\+9\+3\~3  b.M02_\;
>(or if you elected the farm optional method, from line 11 below)
'\b4a\p Multiply line 3 by .9235 .......................\+9\+3\~4a b.M03_\;
>or by 1 if less than zero
'\b b\p Enter the total of lines 17 and 19..............\+9\+3\~4b b.M20_\;
>if you elected one or both of the optional methods
'\b c\p Add lines 4a and 4b.   If the total is less
'   than $400, \bdo not\p file this schedule............\+9\+3\~4c b.M04_\;
>Church employees: If less than $400, enter zero and continue
'\b5a\p Enter church employment income.......\+9\+3\~5a b.M11_\;
>...of $100 or more from your Form W-2
'\b b\p Multiply line 5a by .9235............\+9\+3\~5b b.M21_\;
>if less than $100 enter 0
'\b6  Net earnings from self-employment\p...............\+9\+3\~6  b.M05_\;
>Add lines 4c and 5b
'\b7\p  Maximum amount of combined wages and self
'   employement earnings subject to social security \+3\+9\b7   $55,500
>or railroad retirement tax (tier 1) for 1992
'\b8a\p Total social security wages and tips \+9\+3\~8a b.M06_\;
>from Forms W-2. Church & Government Employees See Instructions
'\b b\p Unreported tips subject to SS tax....\+9\+3\~8b b.M07_\;
>...from Form 4137 line 9 or to railroad retirement tax (tier 1)
'\b c\p Add lines 8a and 8b.            \+9\+3Enter total.....\~8c b.M08_\;
'\b9 \p Subtract line 8c from line 7.   \+9\+3Enter result....\~9  b.M09_\;
>if zero or less stop here; you do not owe self-employment tax
'\b10\p  Multiply the \bsmaller\p of line 6 or 9 by 12.4%...\+9\+3\~10 b.M13_\;
'\b11\p  Max amount of income subject to Medicare Tax.. \+3\+9\b11 $130,200
'\b12a\p Total Medicare wages from Form W-2  \+9\+3\~12ab.M10_\;
'\b  b\p \`Unreported tips subject to Medicare Tax      \+3\~12bb.M22_\;
'\b  c\p Add lines 12a and 12b..........................\+9\+3\~12cb.M23_\;
'\b13\p Subtract line 12c from line 11..................\+9\+3\~13 b.M12_\;
'\b14\p Multiply the \bsmaller\p of line 6 or 13 by 2.9%....\+9\+3\~14 b.M24_\;
'\b15 Self-Employment Tax\p Add lines 10 and 14.........\+9\+3\~15 b.M14_\;
>Enter this amount on Form 1040, line 47
'
'\VPart II\v\b  Optional Method to Figure Net Earnings\p
'              See instruction for limitations.
'          Generally you may use this part \bonly\p if:
<\'
'\ba\p  Your \bgross\p farm income was not more than $2,400 \bor\p
'\bb\p  Your \bgross\p farm income was more than $2,400 and
'    your \bnet\p farm profits were \bless\p than $1,733 \bor\p
<\'
'\b16\p Maximum income for optional methods.............\+9\+3\~16 b.M15_\;
<\'
'\b17 Farm Optional Method -\p If you meet test A or B
'   enter the \bsmaller\p of: two thirds of gross farm
'   income or $1,600 ...............................\+9\+3\~17 b.M16_\;
>this amount has also been entered on line 4b above
<\'
'\bNonfarm Optional Method -\p
'\b18\p Subtract line 17 from line 16.  Enter result....\+9\+3\~18 b.M17_\;
'\b19\p Enter the \bsmaller\p of
'   2/3 of nonfarm income or the amt on line 18.....\+9\+3\~19 b.M18_\;
>also include this on line 4b above
^\`          For Paperwork Reduction Act Notice, see Separate Instructions