tmangs28
New Member

Get your taxes done using TurboTax

I started the return from scratch and immediately after entering the 1099-MISC information as you laid out, it shows tax owed of $569.  Then it is highlighting that Form 8615 Tax For Certain Children Who Have Unearned Income needs to be completed, and it's showing the 1099-MISC income on there as Unearned Income.  Then when I go through the questions, it changes the tax rate to my (her mother's) higher tax rate and the tax owed increases to $1,332 on this 1099-MISC amount of $6100.  Any ideas or suggestions what is going on?  It might be time to go see a tax advisor. (We filed this already by the due date, but then realized that something must have been wrong with the filing given the amount owed).