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how do i file a 1099 tax form?
I am trying to file my taxes online. My 1099 form shows i earned a total of $1,900 in 2019. I have answered the questions on the online form as accurately as possible. It shows i get a tax refund. I dont see how this is possible since i did not pay taxes on my earned income. If anything, I should owe taxes..right?
3 Answers
- ?Lv 71 year ago
Do you have children? Did you make any estimated tax payments?
You should owe $270 or so in self-employment taxes. EIC for one child would be $604 which would result in a refund.
- Anonymous1 year ago
Since you didn't pay taxes, there is nothing to refund to you. And with so little income, you also don't owe taxes.
- StephenWeinsteinLv 71 year ago
It's theoretically possible because if the earned income credit is more than the tax, then you do get a "refund" of the difference. The government uses words strangely. They can "refund" money that was never paid.