Wednesday, August 10, 2011

How should a minor go about with taxes? | Best Finances

I am 15 years old and have $6,000 that I have earned for working through a website. Once I submit a W-9 form, I will be recieving the $6,000 in one check. The website will not be taking out taxes, social security, etc. How do I go about taxes, and what will happen if I deposit the check and just don?t do the taxes? I am completely new to taxes and tax returns and all that so please answer in simple terms!

Source: http://bestfinancesolutions.com/taxes/how-should-a-minor-go-about-with-taxes/

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