I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

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I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

Do you have self employment income? (1099-MISC)

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

yes

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

You owe self-employment tax on your net income from self-employment - approximately 14.1%.

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

Even if your taxable income is -0-, if part of your income includes Self-Employment Income (Schedule C), you are also subject to Self Employment Taxes.

For more information on the Self Employment Tax, check out the TurboTax FAQ below:

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I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

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Do you have a TurboTax Online account?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

Do you have an Intuit account?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

I'm confused! My taxable income is $0 and also have a earned income credit of $519 and turbo tax is showing a federal tax due of $573?

Get more help

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