topic If standard deduction is more than income should i owe taxes in Deductions & credits https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-standard-deduction-is-more-than-income-should-i-owe-taxes/01/312379#M38282 if my son 15&nbsp;&nbsp;made $671.00 working an after school job and his employer reported wages and sent him a 1099 misc&nbsp;&nbsp;his total deduction is $1098.00 and taxable income is $0.00 should he owe $95.00 in federal taxes? Mon, 03 Jun 2019 18:47:46 GMT vanlangendoncke 2019-06-03T18:47:46Z If standard deduction is more than income should i owe taxes https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-standard-deduction-is-more-than-income-should-i-owe-taxes/01/312379#M38282 if my son 15&nbsp;&nbsp;made $671.00 working an after school job and his employer reported wages and sent him a 1099 misc&nbsp;&nbsp;his total deduction is $1098.00 and taxable income is $0.00 should he owe $95.00 in federal taxes? Mon, 03 Jun 2019 18:47:46 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/if-standard-deduction-is-more-than-income-should-i-owe-taxes/01/312379#M38282 vanlangendoncke 2019-06-03T18:47:46Z The $95 of federal taxes is not income tax as his taxable... https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-95-of-federal-taxes-is-not-income-tax-as-his-taxable/01/312387#M38283 <P>The $95 of federal taxes is not income tax as his taxable income is 0, but <U>self-employment tax on $671.</U></P><P>Your son has to pay self-employment tax as he received a form 1099-MISC. Self-employment tax is Social Security and Medicare tax for the self-employed.<BR /></P> Mon, 03 Jun 2019 18:47:48 GMT https://ttlc.intuit.com/community/tax-credits-deductions/discussion/the-95-of-federal-taxes-is-not-income-tax-as-his-taxable/01/312387#M38283 MinhT 2019-06-03T18:47:48Z