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-   -   Tax Refund 2009 (https://www.askmehelpdesk.com/showthread.php?t=317625)

  • Feb 15, 2009, 01:15 PM
    robredd3
    Tax Refund 2009
    I am a musician who received a 1099 misc form. I grossed 2700 and no taxes were withheld. I have two dependents and I want to know about how much money I can expect to receive and if I claim expenses will this lower my refund?
  • Feb 15, 2009, 01:48 PM
    Fr_Chuck

    What other income did you have and what other taxes did you pay in.l

    You get refunds on money paid in that is in excess of what you owed.
  • Feb 16, 2009, 12:31 AM
    MukatA

    You MUST file you tax return. Your income is subject to 15.3% SE tax.

    You are self employed or independent contractor. You must file your tax return if yourself employed income is $400 or more. You will report your income and expenses on schedule C or C-EZ (Form 1040). Read: Your U.S. Tax Return: Tax Filing by Self Employed Sole Proprietor or Independent Contractor
  • Mar 6, 2009, 03:38 PM
    AtlantaTaxExpert
    If that is your ONLY income source, then you qualify for the Earned Income Credit, which will MORE than offset any self-employment taxes owed.

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