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Income Tax Question

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StephLMcMurray

Guest
This is my first year doing freelance work, and by the end of the year, I will have only gotten about $5000 in income. Is there a certain amount that's exempt from paying taxes at the end of the year? I am only working for one person, and he will fill out a 1099 at the end of the year, so I just want to find out if I'll be responsible for claiming this income beings that it's so small?
 



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