Victoria:
The good news is that you will owe ZERO state income tax, because Texas has NO income tax! :)
If you had NO expenses in generating that income, and assuming you are single with no dependents, you would owe $17,667. This includes the self-employment tax and income taxes. This also includes an $800 underwithholding penalty (which probably can be waived since this is your first time filing a Schedule C).
I am sure you had a fair amount of legally deductible expenses that you incurred while generating that $60K in income which can be documented on Schedule C to reduce your tax load. The extent of those expenses is a bit too detailed to go into here.
If you want details, contact me at
[email protected] for more information.