Get your taxes done using TurboTax

Yes, it sounds right if that was your only income for the year as the standard deduction for federal and state likely means you are not paying any income tax on that money.  However, the federal government will still assess your self-employment tax (Social Security and Medicare) on the 1099-MISC earnings.  But, your state will not.  This is why you might be owing to the federal government, but not the state.

View solution in original post