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It depends.
By filing a form 1099-NEC (which reports self-employment income), you will owe income tax (as there is rarely tax withheld on a form 1099-NEC) AND self-employment tax.
If you are eligible for the EIC and the CTC (child tax credit), you may get a refund.
These two credits are refundable. If these credits are larger than your tax due (income tax + self-emplyment tax), then you will get a refund. If they are smaller than your tax due, you will owe taxes.
Simple answer: Yes. 1099-NEC income is earned income and that qualifies you for the child based EIC (for 2021 only, the Additional CTC is not earned income based, so you get that regardless of income source).
But, as the other reply said, it depends on the math. "Self Employment Tax" (SET) is in addition to
income tax (if any, probably not). SET is how the self employed pay their Social Security and Medicare ("FICA") tax.
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