Does my non-profit 501c3 need to file a 990?

How much ($$$$) of a return do i have to file as a minor (17) i earned $990 please help me step by step?

• I work part time at a funeral home during wakes and/or evening services. This is the profession I'm going to pursue when I gradute high school in June 2012. I do not have specific work days or hours. I work when work is avaliable. If there are wakes every day GREAT! If I can make it I work them. If I can't I don't. Some months are slow some better. I do not get payed by the hour. I make the same amount each and every wake I work. $30.00 the wake can be 1hr long it can be 5hrs long it makes no difference. In the year of 2010 I earned a total of $990 with in that year. That year was also my first full year at the funeral firm. I had knowledge id receive a 1099 MISC form from my boss. This is his way of seperating the taxes. The part-time staff such as myself a doorman and other part timers such as parking lot attendents and limosine drivers also receive the same form. We are his employees but in the eyes of the government we are "independent contactors" His employees are the funeral directors who get a salary check at the end of each week every week with deductions taking out. We are not on the pay role The funeral directors are on the payrole How much do I owe the government in deductions How do I calculate this What forms do I need to obtain and file?

• Answer:

  Although you will not owe federal income tax on this money (if this is your only income), you will owe self employment tax of approximately $140. You will need Form 1040 as your basic tax form. In addition, you will need Schedule C-EZ to report your income from self employment (independent contractor) and Schedule SE to figure your self employment tax. When you first look at everything it might look a little complex. If you're a decent math student, though, you should be able to figure it out without too much difficulty. Just be patient and don't let it overwhelm you.