Federal Free Printable 2016 Form 1040-SS for 2017 Federal U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico)

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U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico)
2016 Form 1040-SS

Form 1040-SS U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) OMB No. 1545-0090 2016 U.S. Virgin Islands, Guam, American Samoa, the Commonwealth of the Northern Mariana Islands, or Puerto Rico. . , 2016, and ending , 20 For the year Jan. 1–Dec. 31, 2016, or other tax year beginning ▶ Information about Form 1040-SS and its separate instructions is at www.irs.gov/form1040ss. Your first name and initial Last name Your social security number Department of the Treasury Internal Revenue Service Please type or print If a joint return, spouse’s first name and initial Spouse’s social security number Last name Present home address (number, street, and apt. no., or rural route) City, town or post office, commonwealth or territory, and ZIP code Foreign country name Part I Foreign province/state/county Foreign postal code Total Tax and Credits 1 Filing status. Check the box for your filing status (see instructions). Single Married filing jointly Married filing separately. Enter spouse’s social security no. above and full name here. ▶ 2 Qualifying children. Complete only if you are a bona fide resident of Puerto Rico and you are claiming the additional child tax credit (see instructions). (a) First name 3 4 5 6 7 8 9 10 11 12 13a (b) Child’s identifying number Last name (c) Child’s relationship to you Self-employment tax from Part V, line 12. . . . . . . . . . . . . . . . . . Household employment taxes (see instructions). Attach Schedule H (Form 1040) . . . . Additional Medicare Tax. Attach Form 8959. . . . . . . . . . . . . . . . . Total tax. Add lines 3 through 5 (see instructions). . . . . . . . . . . . . . . 2016 estimated tax payments (see instructions) . . . . . . . 7 Excess social security tax withheld (see instructions). . . . . . 8 Additional child tax credit from Part II, line 3 . . . . . . . . 9 Health coverage tax credit. Attach Form 8885 . . . . . . . . 10 Total payments and credits (see instructions) . . . . . . . . . . . . . . . If line 11 is more than line 6, subtract line 6 from line 11. This is the amount you overpaid . ▶ Amount of line 12 you want refunded to you. If Form 8888 is attached, check here . b Routing Number ▶c Type: Checking . . . . 3 4 5 6 . . 11 12 13a Savings d Account Number 14 15 14 Amount of line 12 you want applied to 2017 estimated tax . . ▶ Amount you owe. If line 6 is more than line 11, subtract line 11 from line 6. For details on how to pay, see instructions . . . . . . . . . . . . . . . . . . . . . . . ▶ 15 Yes. Complete the following. No Sign Here Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than the taxpayer) is based on all information of which the preparer has any knowledge. Daytime phone number If the IRS sent you an Identity Protection PIN, enter Your signature Date it here (see inst.) Joint Return? See instructions. Keep a copy for your records. Paid Preparer Use Only ▲ Third Party Designee Do you want to allow another person to discuss this return with the IRS (see instructions)? Designee’s Phone Personal Identification name no. Number (PIN) ▶ ▶ Spouse’s signature. If a joint return, both must sign. Print/Type preparer’s name Preparer’s signature Date Date Check if self-employed Firm’s name ▶ Firm’s EIN Firm’s address ▶ Phone no. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see instructions. ▶ Cat. No. 17184B PTIN ▶ Form 1040-SS (2016) Form 1040-SS (2016) Page 2 Part II Bona Fide Residents of Puerto Rico Claiming Additional Child Tax Credit—See instructions. Caution: You must have three or more qualifying children to claim the additional child tax credit. 1 Income derived from sources within Puerto Rico . . 1 2 Withheld social security, Medicare, and Additional Medicare taxes from Puerto Rico Form(s) 499R-2/W-2PR (attach copy of form(s)). If married filing jointly, include your spouse’s amounts with yours . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Additional child tax credit. Use the worksheet in the instructions to figure the amount to enter here and in Part I, line 9 . . . . . . . . . . . . . . . . . . . . . . . . . 2 3 . . . . . . . . . . . . . . . 3 Part III Profit or Loss From Farming—See the Instructions for Schedule F (Form 1040). Name of proprietor Social security number Note: If you are filing a joint return and both you and your spouse had a profit or loss from a farming business, see Joint returns and Business Owned and Operated by Spouses in the instructions for more information. 1 2 3 4 5a 6 7 8 9 10 11 Section A—Farm Income—Cash Method Complete Sections A and B. (Accrual method taxpayers, complete Sections B and C, and Section A, line 11.) Don't include sales of livestock held for draft, breeding, sport, or dairy purposes (see instructions). Sales of livestock and other items you bought for resale . . . . . 1 Cost or other basis of livestock and other items reported on line 1 . . 2 Subtract line 2 from line 1. . . . . . . . . . . . . . . . . . . . . . . . . 3 Sales of livestock, produce, grains, and other products you raised . . . . . . . . . . . 4 Total cooperative distributions (Form(s) 1099-PATR) . . . . . . . . . . . 5a 5b Taxable amount 5b Agricultural program payments received . . . . . . . . . . . . . . . . . . . . 6 Commodity Credit Corporation (CCC) loans reported under election (or forfeited) . . . . . . 7 Crop insurance proceeds . . . . . . . . . . . . . . . . . . . . . . . . . 8 Custom hire (machine work) income . . . . . . . . . . . . . . . . . . . . . 9 Other income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Gross farm income. Add amounts in the right column for lines 3 through 10. If accrual method 11 taxpayer, enter the amount from Section C, line 50 . . . . . . . . . . . . . . . ▶ Section B—Farm Expenses—Cash and Accrual Method Don't include personal or living expenses (such as taxes, insurance, or repairs on your home) that didn't produce farm income. Reduce the amount of your farm expenses by any reimbursements before entering the expenses below. 12 Car and truck expenses 25 Pension and profit-sharing (see instructions) . . . . plans . . . . . . . . 12 25 13 Chemicals . . . . . . . 13 26 Rent or lease: 14 Conservation expenses . . 14 a Vehicles, machinery, and equipment . . . . . . . 26a 15 Custom hire (machine work) 15 b Other (land, animals, etc.) . . 26b 16 Depreciation and section 179 27 Repairs and maintenance . . 27 expense deduction not 28 Seeds and plants purchased 28 claimed elsewhere (attach Form 4562 if required). . . 16 29 Storage and warehousing . 29 30 Supplies purchased . . . . 30 17 Employee benefit programs other than on line 25 . . . 31 Taxes . . . . . . . . 31 17 18 Feed purchased . . . . . 18 32 Utilities . . . . . . . . 32 19 Fertilizers and lime . . . . 19 33 Veterinary, breeding, and 20 Freight and trucking . . . 20 medicine . . . . . . . 33 21 Gasoline, fuel, and oil . . . 21 34 Other expenses (specify): 22 Insurance (other than health) 22 a 34a 23 Interest: b 34b a Mortgage (paid to banks, etc.) 23a c 34c b Other . . . . . . . . 23b d 34d 24 Labor hired . . . . . . 24 e 34e 35 Total expenses. Add lines 12 through 34e . . . . . . . . . . . . . . . . . . ▶ 35 36 36 Net farm profit or (loss). Subtract line 35 from line 11. Enter the result here and in Part V, line 1a Form 1040-SS (2016) Form 1040-SS (2016) Page 3 Section C—Farm Income—Accrual Method Don't include sales of livestock held for draft, breeding, sport, or dairy purposes on any of the lines below (see instructions). 37 38a 39 40 41 42 43 44 45 46 47 48 49 50 Sales of livestock, produce, grains, and other products during the year. . . . . . . . . . Total cooperative distributions (Form(s) 1099-PATR) 38a 38b Taxable amount Agricultural program payments received . . . . . . . . . . . . . . . . . . . . Commodity Credit Corporation (CCC) loans reported under election (or forfeited) . . . . . . Crop insurance proceeds . . . . . . . . . . . . . . . . . . . . . . . . . Custom hire (machine work) income . . . . . . . . . . . . . . . . . . . . . Other farm income (specify) Add the amounts in the right column for lines 37 through 43 . . . . . . . . . . . . . Inventory of livestock, produce, grains, and other products at the beginning of the year . . . . . . . . . . . . . . . . . 45 Cost of livestock, produce, grains, and other products purchased during the year 46 Add lines 45 and 46 . . . . . . . . . . . . . . . . . 47 Inventory of livestock, produce, grains, and other products at the end of the year 48 Cost of livestock, produce, grains, and other products sold. Subtract line 48 from line 47* . . . Gross farm income. Subtract line 49 from line 44. Enter the result here and in Part III, line 11 ▶ 37 38b 39 40 41 42 43 44 49 50 *If you use the unit-livestock-price method or the farm-price method of valuing inventory and the amount on line 48 is larger than the amount on line 47, subtract line 47 from line 48. Enter the result on line 49. Add lines 44 and 49. Enter the total on line 50 and in Part III, line 11. Part IV Profit or Loss From Business (Sole Proprietorship)—See the Instructions for Schedule C (Form 1040). Name of proprietor Social security number Note: If you are filing a joint return and both you and your spouse had a profit or loss from a business, see Joint returns and Business Owned and Operated by Spouses in the instructions for more information. Section A—Income 1 Gross receipts $ Less returns and allowances $ Balance ▶ 1 2a Inventory at beginning of year . . . . . . . . . . . . . . 2a b Purchases less cost of items withdrawn for personal use . . . . . 2b c Cost of labor. Don't include any amounts paid to yourself . . . . . 2c d Materials and supplies. . . . . . . . . . . . . . . . . 2d e Other costs (attach statement) . . . . . . . . . . . . . . 2e f Add lines 2a through 2e . . . . . . . . . . . . . . . . 2f g Inventory at end of year . . . . . . . . . . . . . . . . 2g h Cost of goods sold. Subtract line 2g from line 2f . . . . . . . . . . . . . . . . . 2h 3 Gross profit. Subtract line 2h from line 1 . . . . . . . . . . . . . . . . . . . 3 4 Other income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 5 Gross income. Add lines 3 and 4 . . . . . . . . . . . . . . . . . . . . . ▶ 5 Section B—Expenses 6 Advertising . . . . . . 6 18 Rent or lease: 7 Car and truck expenses a Vehicles, machinery, and (see instructions) . . . . equipment . . . . . . . 18a 7 8 Commissions and fees . . 8 b Other business property . . 18b 9 Contract labor . . . . . 9 19 Repairs and maintenance . . 19 10 Depletion . . . . . . . 10 20 Supplies (not included in Section A) 20 21 Taxes and licenses . . . . 21 Depreciation and section 179 11 22 Travel, meals, and entertainment: expense deduction (not a Travel . . . . . . . . 22a included in Section A). (Attach Form 4562 if required.) . . 11 b Deductible meals and entertainment 22b 23 Utilities . . . . . . . . 23 12 Employee benefit programs 24 Wages not included on line 2c 24 (other than on line 17) . . . 12 13 Insurance (other than health) 13 25a Other expenses (list type and amount): 14 Interest on business indebtedness. . . . . . 14 15 Legal and professional services 15 16 Office expense . . . . . 16 17 Pension and profit-sharing plans 17 25b Total other expenses . . . 25b 26 Total expenses. Add lines 6 through 25b . . . . . . . . . . . . . . . . . . ▶ 26 27 Net profit or (loss). Subtract line 26 from line 5. Enter the result here and in Part V, line 2 . . . 27 Form 1040-SS (2016) Form 1040-SS (2016) Part V Page 4 Self-Employment Tax—If you had church employee income, see instructions before you begin. Name of person with self-employment income Social security number of person with self-employment income ▶ Note: If you are filing a joint return and both you and your spouse had self-employment income, you must each complete a separate Part V. If you are a minister, member of a religious order, or Christian Science practitioner and you filed Form 4361, but you had A ▶ $400 or more of other net earnings from self-employment, check here and continue with Part V . . . . . . . 1a Net farm profit or (loss) from Part III, line 36, and your distributive share from farm partnerships. Note: Skip lines 1a and 1b if you use the farm optional method (see instructions) . . . . . . b If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included in Part III, line 6, plus your distributive share of these payments from farm partnerships . . . . . . . . . . . . . . . . . . . . . . Net nonfarm profit or (loss) from Part IV, line 27, and your distributive share from nonfarm 2 partnerships. Ministers and members of religious orders, see instructions for amounts to report on this line. See instructions for other income to report. Note: Skip this line if you use the nonfarm optional method (see instructions) . . . . . . . . . . . . . . . . . . . . . . 3 Combine lines 1a, 1b, and 2 . . . . . . . . . . . . . . . . . . . . . . . . 4a If line 3 is more than zero, multiply line 3 by 92.35% (0.9235). Otherwise, enter the amount from line 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Note: If line 4a is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions. b If you elect one or both of the optional methods, enter the total of lines 2 and 4 of Part VI here . . c Combine lines 4a and 4b. If less than $400, stop; you don't owe self-employment tax. Exception. If less than $400 and you had church employee income, enter -0- and continue . ▶ Enter your church employee income from Form(s) W-2, W-2AS, W-2CM, W-2GU, W-2VI, or 499R-2/W-2PR. See instructions for definition of church employee income. . . . . . . . . . . . b Multiply line 5a by 92.35% (0.9235). If less than $100, enter -0- . . . 6 Add lines 4c and 5b . . . . . . . . . . . . . . . . . 7 Maximum amount of combined wages and self-employment earnings tax for 2016 . . . . . . . . . . . . . . . . . . . . 1a 1b ( ) 2 3 4a 4b 4c 5a 5a . . . . . . . . . . . . . . . . . ▶ subject to social security . . . . . . . . . 5b 6 7 118,500 00 8a Total social security wages and tips from Form(s) W-2, W-2AS, W-2CM, W-2GU, W-2VI, or 499R-2/W-2PR. If $118,500 or more, skip lines 8b through 10, and go to line 11 . . . . . . . . . . . . 8a b Unreported tips subject to social security tax from Form 4137, line 10 (see instructions) . . . . . . . . . . . . . . . . . . 8b c Wages subject to social security tax from Form 8919, line 10 (see instructions) . . . . . . . . . . . . . . . . . . . . 8c d Add lines 8a, 8b, and 8c . . . . . . . . . . . . . . . . . . . . . . 9 Subtract line 8d from line 7. If zero or less, enter -0- here and on line 10 and go to line 11 10 Multiply the smaller of line 6 or line 9 by 12.4% (0.124) . . . . . . . . . . . . 11 Multiply line 6 by 2.9% (0.029) . . . . . . . . . . . . . . . . . . . . 12 Self-employment tax. Add lines 10 and 11. Enter here and in Part I, line 3 . . . . . . . . . . . . . . . . ▶ . . . 8d 9 10 11 12 Part VI Optional Methods To Figure Net Earnings—See instructions for limitations. Note: If you are filing a joint return and both you and your spouse choose to use an optional method to figure net earnings, you must each complete and attach a separate Part VI. Farm Optional Method 5,040 00 1 Maximum income for optional methods . . . . . . . . . . . . . . . . . . . . 1 2 3 4 Enter the smaller of: two-thirds (2/3) of gross farm income (Part III, line 11, plus your distributive share from farm partnerships), but not less than zero; or $5,040. Also include this amount in Part V, line 4b, above. . . . . . . . . . . . . . . . . . . . . . . . . . . . Nonfarm Optional Method Subtract line 2 from line 1. . . . . . . . . . . . . . . . . . . . . . . . . Enter the smaller of: two-thirds (2/3) of gross nonfarm income (Part IV, line 5, plus your distributive share from nonfarm partnerships), but not less than zero; or the amount in Part VI, line 3, above. Also include this amount in Part V, line 4b, above . . . . . . . . . . . . . . . . . 2 3 4 Form 1040-SS (2016)
Extracted from PDF file 2016-federal-form-1040-ss.pdf, last modified December 2016

More about the Federal Form 1040-SS Individual Income Tax Tax Credit TY 2016

We last updated the U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) in January 2017, so this is the latest version of Form 1040-SS, fully updated for tax year 2016. You can download or print current or past-year PDFs of Form 1040-SS directly from TaxFormFinder. You can print other Federal tax forms here.

Other Federal Individual Income Tax Forms:

TaxFormFinder has an additional 774 Federal income tax forms that you may need, plus all federal income tax forms.

Form Code Form Name
Form 1040-V Payment Voucher
1040 (Schedule A) Itemized Deductions
Form 1040 U.S. Individual Income Tax Return
1040 (Schedule B) Interest and Ordinary Dividends
1040 (Schedule SE) Self-Employment Tax

Download all  tax forms View all 775 Federal Income Tax Forms


Form Sources:

The Internal Revenue Service usually releases income tax forms for the current tax year between October and January, although changes to some forms can come even later. We last updated Federal Form 1040-SS from the Internal Revenue Service in January 2017.

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Form 1040-SS is a Federal Individual Income Tax form. States often have dozens of even hundreds of various tax credits, which, unlike deductions, provide a dollar-for-dollar reduction of tax liability. Some common tax credits apply to many taxpayers, while others only apply to extremely specific situations. In most cases, you will have to provide evidence to show that you are eligible for the tax credit, and calculate the amount of the credit to which you are entitled.

About the Individual Income Tax

The IRS and most states collect a personal income tax, which is paid throughout the year via tax withholding or estimated income tax payments.

Most taxpayers are required to file a yearly income tax return in April to both the Internal Revenue Service and their state's revenue department, which will result in either a tax refund of excess withheld income or a tax payment if the withholding does not cover the taxpayer's entire liability. Every taxpayer's situation is different - please consult a CPA or licensed tax preparer to ensure that you are filing the correct tax forms!

Historical Past-Year Versions of Federal Form 1040-SS

We have a total of six past-year versions of Form 1040-SS in the TaxFormFinder archives, including for the previous tax year. Download past year versions of this tax form as PDFs here:


2016 Form 1040-SS

2016 Form 1040-SS

U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) 2015 Form 1040-SS

2015 Form 1040-SS

U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) 2014 Form 1040-SS

2014 Form 1040-SS

U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) 2013 Form 1040-SS

2013 Form 1040-SS

U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) 2012 Form 1040-SS

2012 Form 1040-SS

U.S. Self-Employment Tax Return (Including the Additional Child Tax Credit for Bona Fide Residents of Puerto Rico) 2011 Form 1040-SS

2011 Form 1040-SS


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