high school student & income taxes

You can find out on the IRS website what the cutoff is for filing. Look at both earned and unearned income. For the coming year if it is anticipated that the young person will not make enough to be required to file returns, forms can be filed with the employer so that there will be no withholding. The young person needs to be sure to submit the forms early enough so that nothing will be withheld for the calendar year.
 


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