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Get your taxes done using TurboTax
Ouch.
Line 8 Std Ded is ............. 12,000
Line 7 AGI is .............. 15.,200
Line 10 Taxable Income is 2,800.
Line 14 Other Taxes .is ...... 2,032
(Line 14 is Self Employment tax? $14.4K from 1099MisISC. But this is already in AGI, No?)
Line 15 Tax is ..................... 2,200 (not sure why so high).
In sunnmary:
Wage 15.2k
Std Ded 12k
.. AGI 3.5k
... Tax Due 1.7k (Why so much?) (which is shown by TurboTax).
..... (This is about 50% of AGI. Doesn't sound right. Ouch Ouch)
Line 8 Std Ded is ............. 12,000
Line 7 AGI is .............. 15.,200
Line 10 Taxable Income is 2,800.
Line 14 Other Taxes .is ...... 2,032
(Line 14 is Self Employment tax? $14.4K from 1099MisISC. But this is already in AGI, No?)
Line 15 Tax is ..................... 2,200 (not sure why so high).
In sunnmary:
Wage 15.2k
Std Ded 12k
.. AGI 3.5k
... Tax Due 1.7k (Why so much?) (which is shown by TurboTax).
..... (This is about 50% of AGI. Doesn't sound right. Ouch Ouch)
‎June 3, 2019
4:37 PM