Skip to Content
3-16-2012 @ 7:11PM
"The IRS says you are only required to file taxes if make over $9,500 or something around that."Please cite your source.This is blatantly incorrect, and I encourage anyone reading to discuss tax information with their accountant.Being a minor does not stop you from having to file a tax return and possibly pay income tax. Neither does making under $9,500. IIRC, the minimum is about $400, though again I highly recommend consulting with a CPA for tax information and not some random Joe Schmo on the internet.If you make under $9,500 and over $400 but haven't filed a tax return, the IRS would like to have a word with you about paying some interest and penalties.
First time? A confirmation email will be sent to you after submitting.
Members enter your username and password.
Enter your AOL or AIM screenname and password.
Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.
When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.
To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.