Ask Experts Questions for FREE Help !
Ask
    sreenu0106's Avatar
    sreenu0106 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 1, 2007, 06:20 PM
    1099-MISC Filling
    Hi,

    I tried to file the taxes through taxactonline, when I entered the 1099 -misc amount of 8400 from box 7 the total refund was in negative .
    And I was in OPT till December 15.

    Can I cliam moving expense as I changed 2 jobs with in the same year and these expnses are not reimbursed by employer.

    Please suggets me how I can make my returns maximum.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Mar 2, 2007, 12:25 PM
    Yes, you CAN claim moving expenses on Form 3903.

    The reason the refund went negeative is becauise you must pay the 15.3% self-employment tax on the $8,400.
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

1099-MISC and w2 [ 1 Answers ]

Hi, Me and my wife both were on H1 last year. I had 2 W2s last year, and my wife was working as a contractor for the first 3 months last year and then she was on a W2 for the rest of the year. She got a 1099-MISC from the contractor for the first three months of last year. Could you tell me...

1099 Misc not sure? [ 1 Answers ]

I received a 1099 Misc. for money earned in assisting someone else in her clothing trunk shows in 2005. Not sure how to complete sch c for business name and if I can deduct mileage, meals, etc. that I paid for during these times. Also assist in clothes deliveries from these shows so have some...

1099-misc [ 1 Answers ]

I received an 1099-misc form, from a business I did some work for. I live and worked in Minnesota. I received $4,250 in box 7, no taxes withheld. I claimed it as other income when I filed my taxes electronically line 21 of 1040. I just entered it on the program and it calculated and e-filed for...

F1, w-2 and 1099-Misc [ 4 Answers ]

Hello Everyone, I did go across lot of threads and it helped me. But I hope I can get answers to my queries. I was on F1- status throughout last year. However I was paid on 1099-misc and w-2 by two employers. My Questions 1) Do I need to attach 1099-misc or is the employer tax id enough? ...

F1, 1099-misc and w-2s [ 3 Answers ]

Hello, I am a new member. Its nice to see so many people here who can help. Here's my situation: My status in 2004: Student on F1 (I still am on F1 until my H1 is approved) Was attending school full-time until: August 19, 2004 Working on OPT since August 20, 2004. My nationality: Indian I...

View more questions Search