Re: Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. ...

Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. How does that work?

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If you're self-employed, you may owe Self Employment (SE) tax. You will still owe the SE tax even if your taxable income is reduced to zero (by exemptions and deductions) and you don't owe any regular income tax on it.

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I filed my taxes in March, but I found 2 tax deductions I did not add to my taxes. Can I amend my taxes to reflect these donations?

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Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. How does that work?

Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. How does that work?

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Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. How does that work?

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Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. How does that work?

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