Hello all, thank you for the opportunity to participate in this event and gain some clarity in place of confusion.
Here are my main questions:
Thank you for your time and generosity in answering everyone's questions. It's really appreciated.
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Hi @Jonathan_H
Thank you for joining us today and for the great questions.
Thank you!
Melanie, CPA
Thank you again @MelanieCPA for your time, and your very helpful information for my unusual situation. It gives me a better understanding for how to handle things more correctly.
The first answer is partly wrong. If you have self employment income of $400 or more you do need to file a 1040 tax return (even if it's less than the Standard Deduction) and pay self employment tax.
@VolvoGirlThank you for helping to further clarify that important detail.
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