If standard deduction is more than income should i owe taxes

[vanlangendoncke]

if my son 15  made $671.00 working an after school job and his employer reported wages and sent him a 1099 misc  his total deduction is $1098.00 and taxable income is $0.00 should he owe $95.00 in federal taxes?

[MinhT · Accepted solution]

The $95 of federal taxes is not income tax as his taxable income is 0, but self-employment tax on $671.

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.