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bjn4
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I earned $4362 as a landscaper on a 1099-MISC. Turbo tax gave me a standard deduction of $4404. Why do I still owe a federal tax of $616?

 
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I earned $4362 as a landscaper on a 1099-MISC. Turbo tax gave me a standard deduction of $4404. Why do I still owe a federal tax of $616?

Your work as a landscaper paid on a 1099-Misc is considered self-employment.  You will file a Schedule C and will owe self-employment tax.  You don't owe regular income tax on what you made, but you must pay the self-employment tax.

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2 Replies

I earned $4362 as a landscaper on a 1099-MISC. Turbo tax gave me a standard deduction of $4404. Why do I still owe a federal tax of $616?

Your work as a landscaper paid on a 1099-Misc is considered self-employment.  You will file a Schedule C and will owe self-employment tax.  You don't owe regular income tax on what you made, but you must pay the self-employment tax.

I earned $4362 as a landscaper on a 1099-MISC. Turbo tax gave me a standard deduction of $4404. Why do I still owe a federal tax of $616?

Why does it say my refund was sent but it's still not on my card

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