I made $6100 in W2/Sch C income that I put in a Roth IRA, and I trying to make sure I properly file.
1. My dad will claim me as a dependent. Does that mean I do NOT get the $12,500 standard deduction?
2. Sch 1, line 15 deducts half of 92.35% of my taxable SE income. However, I have not yet paid any SE tax. Will I pay those taxes when filling out Schedule SE, such that my taxes due will be $6100 x 92.35% x 50% = $5633 taxable income x (12.4% + 2.9%) = $698 + $163 = $861 in SE tax that carries to Schedule 2?
Thanks!
