Question

Ellen had church employee income during the year. under irs rules, she must file a form 1040 and schedule se if her church employee income is ____ or more.

a. $108.28
b. $400.65
c. $600
d. $1,000

Answer 1

Ellen must file a Form 1040 and Schedule SE if her church employee income is $108.28 or more, according to IRS rules.

Step-by-step explanation:

Ellen had church employee income during the year. Under IRS rules, she must file a Form 1040 and Schedule SE if her church employee income is $108.28 or more.

This requirement is part of the broader tax code which stipulates that individuals must report income from various sources on their tax returns.

The calculations of taxable income can be quite complex and will depend on the adjusted gross income and allowable deductions and exemptions. It is crucial for individuals to understand these guidelines to comply with federal tax law and avoid potential penalties for underreporting income. The correct option is a. $108.28