Large balance due even though I earned less than 16K. (Self-employed, QC)
I am currently completing my 2023 self-employed income and have a projected balance due of nearly 1000$ for my QC taxes even though I declared less than 16 000 in total net income and around 10 000 for my business.
How is it possible to accrue so much tax when I am hardly past the personal amount?
Am I doing something wrong or is this a possible tax scenario?
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