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-   -   Do I have to file? (https://www.askmehelpdesk.com/showthread.php?t=550820)

  • Feb 3, 2011, 08:49 AM
    rwintersteen
    Do I have to file?
    I am retired on Social Security and last year I made $1465.00 on a 1099 MISC. DO I have to file/report this small income?
  • Feb 14, 2011, 04:46 PM
    AtlantaTaxExpert
    Yes. The income must be reported on Schedule C and, if the net income is more than $400, transferred to Schedule SE to calculate the self-employment tax.

    It is likely you will owe ZERO income tax on your return, but the SE tax will be about $160.

    If you need professional help filing your return, email me at [email protected].

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