paid turbo tax 90.00 to file my taxes and just printed it off and saw that it is completely wrong. Have filed with them for years ,nothing changed. Instead of independent contractor , they have filed me as a small business. Can I just stop payment and file elsewhere? dont trust them now
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As far as the IRS is concerned if you are an independent contractor you have a business. You pay self-employment tax for Social Security and Medicare and enter your business expenses on a Schedule C. What are you seeing on your return that you think is all wrong?
Yes, @xmasbaby0 is correct. Independent Contractors are taxed differently than people receiving Form W-2 from employers.
For more details, see:
Am I considered self-employed?
If reading this over, you determine you would want to offset your income with expenses, for more details, see:
Tax Guide for the Self-Employed: Everything You Need to Know
If you need to amend(change) the return you filed, see: How do I amend my 2020 TurboTax Online return?
@stacybk1972
Just like I thought, taxes are wrong. Our return got accepted 2/12/21 ,but can't get any info from irsm on refund date except they are still processing it, because it has been put in the error category, take up to 10 weeks now. Thanks turbo tax (experts) for charging me a 100.00 to do my return wrong, awesome job.
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