1099 and W2 dont add up Hi all,
So I workd in 2013 with both 1099 and W2.
As a 1099 I made $10500
As a W2 I made $29500
At the end it said I owed roughly $2,000.
I then decided to do each my 1099 and W2 separately. When I did my 1099 by itself it said I owed roughly $1400. When I did my W2 separately withouth my 1099, it said I get a refund of roughly $1300.
Why is it that when I entered both of them in TurboTax that it says I owe $2000? When doing them separately shows that they would pretty much cancel each other out?
I dont know much about this, so I figure their is logical explanation - that may still be over my head, but still.. would love to know.
Thanks for the help |