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simgomvil
New Member

Do I have to pay taxes even if my net income is less than $3,000?

 
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2 Replies
Coleen3
Intuit Alumni

Do I have to pay taxes even if my net income is less than $3,000?

What do you mean by net income? SE? Sale of Stock?

Do I have to pay taxes even if my net income is less than $3,000?

It appears that you are using the version of TurboTax for Self-Employed filers. So I'm assuming you have your own business, or at the very least have some income reported to you on a 1099-MISC. If that is the case, you may very well owe "self-employment taxes" (medicare and social security), even if you're income is low and won't owe "income taxes" 

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