How much taxes are owed on $3000filing from a 1099 miscelaneouse

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Originally Posted by lorimedassistant

how much taxes are owed on $3000filing from a 1099 miscelaneouse

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Taxable income is based on your gross income (a total of all taxable incomes), minus all allowable deductions; therefore, it would be impossible to determine an exact dollar amount owed on that $3,000.00 without doing your income taxes (or at least doing a preliminary tax return to get a ball-park figure).

I will say in general, what ever your normal tax base is, it is the same here. You have normally about 25 percent to pay in taxes. This can very by your own tax issues, for example as noted what deductions you have against this

Agreed; a 25% rate is most likely.