bluewho
Mar 8, 2011, 06:22 PM
OK so I made 16,700 on a 1099 misc, I have 2 dependents I claim I'm a single mom, on turbo tax it is saying I will owe $ does this sound right? I'm head of house hold
joypulv
Mar 9, 2011, 04:12 AM
You were self employed so owe Social Security right off the top, no matter how many dependents or deductions. Had you been an employee the employer would have paid half. Try for as many deductions as you can on Schedule C, and file the Earned Income Credit. Some cities and towns have free tax help such as from AARP and other retired accountants. You should be able to do it yourself though.