Hi~ do I need to file my taxes if I only earned 9,789.00/1099MISC for the year? I sure need the tax rebate they're offering right now! I believe I can't get that if I don't file. Please advice,. thank you!

You can't get it if you don't file. Go to an independent tax service, H&R charge too much,
I heard the form to fill out is 1040a but don't know with your being a 1099misc.
The tax person would know. You have to do it by Tuesday.

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Originally Posted by azn-aussie

Hi~ do I need to file my taxes if I only earned 9,789.00/1099MISC for the year? I sure need the tax rebate they're offering right now! I believe I can't get that if I dont file. Please advice,... thank you!

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Read this carefully to avoid interest and penalty.

1099-Misc means income as self employed person or independent contractor. You must file tax return if yourself employed income is $400 or more.

Yourself employed income is subject to 15.3% SE tax. Even if your income is below taxable limit you owe around $1,500 in SE tax.
You must pay due tax before April 15, 2008 to avoid interest and penalty.

1099-Misc income is reported on schedule C (Form 1040). You can deduct your business related expense.
How you will treat the 1099-Misc income, read: Your U.S. Tax Return: W2 or 1099: Employee or Independent Contractor.

You must also read this if you cannot complete your tax return before April 15, 2008:
Your U.S. Tax Return: IRS Due Date April 15, 2008: For Those Who Can't Pay the Tax Due in Full