You still owe self-employment tax under the standard deduction

Name: You still owe self-employment tax under the standard deduction
Duration: 62 s
Description: Business income under the standard deduction still triggers self-employment tax, even if you owe no income tax.

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Made less than the standard deduction in your business and think you're off the hook for filing? Not so fast. TJ explains why self-employment tax still kicks in on that income—and what happens when the IRS spots your 1099 and decides to file a return for you.

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