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I worked as an independent contractor as was sent a 1099-MISC form. The amount i earned is less than the $12,000 standard deduction but it still says I owe over $1000.
I worked as an independent contractor for a business. This was the only work I did all year as I am a student. The total listed on my 1099-MISC is less than $10,000 and was the only income I earned all year. Why do I owe so much if the amount i earned is less than the standard deduction? Thanks.
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‎June 4, 2019
5:06 PM