Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Taxes (https://www.askmehelpdesk.com/forumdisplay.php?f=320)
-   -   1099-misc (https://www.askmehelpdesk.com/showthread.php?t=24828)

  • Apr 18, 2006, 12:11 AM
    MBA Grad
    1099-misc
    Last year I was a full time student and also during that time I worked as a T.A and consequently have the W-2 with that income and also as an independent contractor (I have the 1099 MISC which corresponds to that income). As I understand it even though my total gross income is below the minimum required to file a return ($8,200) I am still required to file because of the non-employee compensation in the 1099. I was wondering if there is any other way I could file this income (possibly taking into consideration that I was also a full time student) besides Self-employment Income so that I am not required to pay the self employment tax (which is pretty substantial) since my total gross income is below the minimum required or because I was a full time student?
  • Apr 18, 2006, 09:58 AM
    AtlantaTaxExpert
    Because you are a student, you MAY be exempt from SE tax, depending on the nature of work you did for the income reflected on Form 1099.

    I would need to see the W-2 and 1099. E-mail me at [email protected] and send a scanned copy of each to that address.
  • Feb 14, 2013, 11:31 AM
    imc53
    My daughter is 18years old. She graduated High School last year. During the summer, before starting college, she worked, and for that she received a Internship Development Mileage @ Stipend grant totaling $1000. This is reported on a 1099-Misc Form. I claim my daughter as my dependent. How do I file those $1000?
  • Feb 14, 2013, 01:12 PM
    AtlantaTaxExpert
    Redundant question; see answer on other post.

  • All times are GMT -7. The time now is 10:41 AM.