In 2012, my husband and I had a taxable income of $19,500. We paid over $2100 in taxes with held. The tax tables show that at $19500, the married filing jointly is $2066 so Is a return required?
Also, wife received 1099's grossing less than $10,000. Does she still need schedule C and self employment taxes? Is there any point in itemizing as income so low and medical costs (without insurance coverage) exceeds $1200. Business Office fees of $700+ and are not deducted yet at the figure of $19,500. Please advise
This is Jessica. After your answer I went back and checked mileage and all the things I used in real estate sales. I actually spent more on marketing, continuing education, Realtor dues. This makes that $400 figure significant. Total 1099 $9622. Deductions over $11,000. My concern is that Turbo Tax was what my husband used without the figures I located. Also, I am actually unable to work at all now as I suffered multiple injuries from broken foot on April 1 to recent Grand Mal seizure. One of my lingering struggles is cognative. I cannot go into my husbands account to edit.....and the numbers are significantly different. Should we contact taxpayer advocate? I don't know who to talk to at the IRS. As they are indicating that the return Brian submitted was never received.... I have no clue best action. I do not know if this makes sense. We cannot afford expense of CPA and I have no clue what to do or have XXXXX XXXXXdle. Any suggestion would be appreciated. Thank you, XXXXX XXXXX