Amazon vine 1099nec

[user17693062481]

Have all my income entered in TT about $90k in income and have a expected refund of $757. I'm in texas so only federal taxes. I then entered my 1099nec from the amazon prime progam totaling a little over $10k.  After doing that my expected return dropped only by like 200$ to an expected refund of $550 so im only paying around  200$ in taxes on $10k worth of items from the progam. I had kinda worked myslef up and was actully expecting to owe a significant amount in taxes (around $2500)  for participating in this amazon program.  

So my question is does this sound right? 

I feel like the math isnt mathing.

Also i know there is a debate wether we have to enter it as a hobby or report it as Self-employment. The thing is when i enter it as SE income it actully increases my expected refund by over 2k. That really doesnt sound right either? Am i missing somthing?

[LeticiaF1]

It depends, with Amazon Vine your income is the value of the products that you received to review.  With your income level at about 90k and adding an additional 10k of self employment income, your tax due should be more than $200.  

There are a few things that could have made your balance lower which could be that you can claimed any expenses that were related to this income.  In your case, it would be your internet, the use of your computer, phone, your office space, and any other supplies that you used.  These expenses lower your business income and therefore lower your tax.  

Your balance could also be reduced based on credits that you received.  You should review your return.  First check your entries to see how you entered your Amazon Vine income, to review your form go to the 1099-NEC screen under Wages & Income. You also have the option of previewing your return your self or requesting an Expert Review.  

For more information refer to the following TurboTax articles and IRS  tips.  

What's a 1099-NEC?

How do I report income from self-employment?