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1099 Instacart + First Time Homeowners
My husband and I have always filed Married filing Jointly. I worked Instacart as a shopper for a few months and received a 1099 from them. What happens if this isn't included in our taxes? It is drastically affecting our return. Additionally, we purchased a home in December 2022. Our first mortgage payment was in February 2023 and we paid property taxes, HOI and PMI throughout all of 2023. We thought this would provide us some kind of tax break but again, not seeing that in our return. Is it because we are going with the Standard Deduction and it is very high now or is there another reason?
‎February 28, 2024
3:03 PM