I made less then $2000 as self employed, should I file taxes?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

I made less then $2000 as self employed, should I file taxes?

 
1 Reply
Expert Alumni

I made less then $2000 as self employed, should I file taxes?

Yes.  Income from self employment is subject to social security and medicare tax beginning at $400 of net profit.  It's important to file your return to take advantage of any credits you may be entitled to as well.

TurboTax will walk you through the process.  If you have expenses that were ordinary and necessary for you to earn this income you will need to use the TurboTax Self Employed Edition, if not you will be able to use TurboTax Deluxe version.

Review of the available options can be helpful by selecting the link here.  TurboTax Products & Pricing

Dynamic Ads
v
Privacy Settings