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pvdolin
New Member

Who can I owe when my schedule c income is 5,100 and w-2 is 52.00?

How can I owe when I made less gross than the standard deduction, qualified for the eic, and did my expenses? 

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1 Reply
JenniferM
New Member

Who can I owe when my schedule c income is 5,100 and w-2 is 52.00?

If you have Schedule C net income, you will have to pay SE tax regardless. This is similar to the employee and employer FICA tax that is automatically witheld on a paycheck. 

Read more on SE Tax here:

https://ttlc.intuit.com/replies/3301474

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