- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
My daughter works from home and has a home office she made $8509.50 last year turbo tax says she owes$1202 in federal taxes she is own her own how can this be correct?
Topics:
June 1, 2019
12:40 PM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
This would be correct if she is self-employed or an independent contractor. Self-employment taxes are 15.3%. She is probably getting an earned income credit or something that slightly offsets the total amount she owes.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 1, 2019
12:40 PM