Hello r/tax!
As from my earlier thread, I made $602 net income in self employment in 2019 and I want to file a tax return for that. I understand there will be penalties and the tax is a trivial amount but I feel I should do so.
The issue is, I was in college during that time, and the IRS transcripts told me I had two 1099-Q’s and one 1098-T. And they both had money amounts that I know isn’t something I earned. I think this is some 529 account my dad made to fund my college maybe? I read online that it can be taxed if not used for qualified education stuff. I don’t quite understand it, so I asked my dad for information about it but he doesn’t WANT me to file a tax return for 2019 so he is denying me this information, and I have no idea where else to look so I have no clue if anything he did with that is subject to income tax and needs to be reported with my $602 self-employment tax.
I know I am going to be told to give up but I really do want to file this tax return. Do I have any options? What if I am doing this wrong and the IRS says I did not only earn $602 in that year, and I have no receipts to show for the 529 because my dad has them and won’t show me because he doesn’t want me filing this tax return? Do I need a lawyer?
As far as I know, I only earned $602 in self-employment. But for all I know as well, my dad could have done anything and not told me (and is now refusing to tell me).
Any help is appreciated. Thanks.
Want to file tax return but can’t get information
byu/need-pylons intax
Posted by need-pylons
3 Comments
Why is your dad not showing you? Is there any reason that he doesn’t want you to file?
If your parents claimed you for 2019 then don’t worry about the 1099s and just file the return as a claimed dependent with self employment income.
Your dad could have taken you as a dependent and already gotten education credits for your 1098t.
You can make an irs account and see what they show for you for 2019 .
If they don’t have anything I would have to agree to just leave it alone that’s not a huge amount i wouldn’t worry about it and would let sleeping dogs lie.