DeanM15
Expert Alumni

Get your taxes done using TurboTax

The Earned Income Credit and the Child Tax Credit both use "earned income" as one method of assigning how much of the credits to give you. 

 

Box 1 W2 income is obviously earned income. It looks like the 1099MISC income is not coming through as earned income. 

 

You should probably run through the 1099MISC questions again.

 

When you run through the questions, you will come to a question about whether you intended to make money. If you did intend to make money, then it will tax your money as a business and apply the Self-Employment Tax. This will also be earned income. You can then deduct your expenses if you have any. If you did not intend to make money, then the program will just add the income as ordinary income with no Self Employment Tax.

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