topic Thanks! in Get your taxes done using TurboTax

Do I need to file taxes if my only income was $2,500 and I was given a miscellaneous 1099 form?

av476476 — Thu, 06 Jun 2019 09:06:00 GMT

Yes, you must report the self-employment income. Even th...

AlanT — Wed, 03 May 2023 18:10:29 GMT

Yes, you must report the self-employment income. Even though it is less than the standard deduction of $12,000, you will be subject to paying self-employment taxes such as Social Security and Medicare.

Since your income is so low you are eligible for a turbot...

Bees — Thu, 06 Jun 2019 09:06:03 GMT

Since your income is so low you are eligible for a turbotax product called tax freedom. It is different then the turbotax site and you have to log out of turbotax and start fresh in that program. Otherwise you would have to use a paid version of the program to show your self employment income.

https://blog.turbotax.intuit.com/turbotax-news/turbotax-tax-freedom-free-online-tax-filing-for-you-9160/

There is also The Turbo Tax Free File program which is fr...

VolvoGirl — Thu, 06 Jun 2019 09:06:05 GMT

There is also The Turbo Tax Free File program which is free for federal and state.  And has more forms than the Federal Free Edition, like Schedules A, B, C , D, E, F, EIC, H, K-1, SE,  etc.

NOTE:  You will have to log out of your regular Turbo Tax Account and setup a new account with a new username and new password or it will take you back to regular Turbo Tax.

To qualify for the Free File website  you just need to meet one of these 3 things
AGI $34,000 or less
Active duty military with AGI of $66,000 or less
OR qualify for EIC (earned income credit.)

In order to use the Free File program, you have to start it at a special website.  Click on the bottom Orange button I Qualify Start Now and set up a NEW account
<a rel="nofollow" target="_blank" href="http://turbotax.intuit.com/taxfreedom/">http://turbotax.intuit.com/taxfreedom/</a>

This is income earned from a research study, not self-emp...

av476476 — Thu, 06 Jun 2019 09:06:08 GMT

This is income earned from a research study, not self-employed

Then you would not have to file.

AlanT — Thu, 06 Jun 2019 09:06:09 GMT

Then you would not have to file.

Thanks!

av476476 — Thu, 06 Jun 2019 09:06:11 GMT

Thanks!