Skip to main content
April 19, 2022
Question

Hi! The app says my deductions are greater than my income, but it’s also saying I owe money. How does that work?

  • April 19, 2022
  • 1 reply
  • 0 views
No text available

1 reply

April 19, 2022

If you're self-employed, you may owe Self Employment (SE) tax. You will still owe the SE tax even if your taxable income is reduced to zero (by exemptions and deductions) and you don't owe any regular income tax on it.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"