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It could be accurate depending on the amount of income shown on the 1099-MISC form. Don't forget that not only are you paying tax at your marginal rate on that amount of income, but you are also paying self-employment tax at a rate of 15% plus. That would reduce your refund Tom D.
It could be accurate depending on the amount of income shown on the 1099-MISC form. Don't forget that not only are you paying tax at your marginal rate on that amount of income, but you are also paying self-employment tax at a rate of 15% plus. That would reduce your refund Tom D.
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