Taxes?????

0 ⤊

I am 17 and taxes are coming up. I make 10 dollars an hour. Is there a minimum amount of money that you have to make before they will make you pay taxes in michigan? If so what is it?

2007-01-14 05:19:42 · 2 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United States

Oh im 1099ed

2007-01-14 05:24:55 · update #1

2 answers

$400 for the year if you are 1099ed.

2007-01-14 06:51:16 · answer #1 · answered by Wayne Z 7 · 0⤊ 0⤋

You will have sufficient income to pay federal income tax if you worked full time. Most states base their tax system as far as earned income on the federal system, so if Michigan has an income tax, you will have to pay that also.

2007-01-14 13:27:18 · answer #2 · answered by jbowler 3 · 0⤊ 0⤋