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Yes you would be required to file a 1040 income tax return.

A self employed taxpayer would be required to file an income tax return if business operation had a net profit of 400 and pay the social security and Medicare taxes that would be due plus any income tax that may be due after adding the net profit to all other gross income on the 1040 tax form and the amounts would be subject to income tax at the marginal tax rates.

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Q: You got a 1099-misc do you have to file tax return?
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Related questions

how can I file an amendment to my 2010 tax return.?

how can I file an amendment to my 2010 tax return?


HOW DO I FILE A FREE STATE TAX RETURN?

HOW DO I FILE A FREE STATE TAX RETURN


What if you got a tax refund and received another w2 after you filed?

If you got a tax refund and received another w2 after you filed, you will have to file an amendment to your tax return for the year that the W-2 Form was for in order to correct your return. You may get an additional refund when you file your amendment or you may owe additional tax from the amendment.


Do you have to file a tax return if you made 7000 dollars?

If you are being claimed as a dependent on your parents or anyone else's return then you will have to file a tax return. If not then no you don't have to file a return.


What is file an amended tax return?

If you have filed a tax return but you then realize that your return is inaccurate in some way and you wish to correct the inaccuracy, you can file a revised tax return which would be called an amended tax return.


can i e file my mass tax return for free?

can i e file my mass tax return for free


How do you Paper File your PA State Tax Return?

There is a form that you are required to file when you paper file your PA state tax return.


Who need to file a tax return?

eveyone who earns income above a certain level has to file a tax return


File free OK state income tax return?

File free OK state income tax return


Do you have to file an income tax return if you are deceased?

The estate of the deceased has to file tax returns.


Should I file my income tax with a computer program or a firm?

You should file your income tax return with a computer program or online if you have a simple tax return. If you have a difficult and complex tax return, it is best to use a tax professional.


Do you always have to file a consolidated tax return if you file one this year?

If companies file a consolidated tax return do they become liable for each other's liabilities