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You should have received a form which the federal government sent you. You will need to show it on the return and then their is a calculation that determines the amount to be taxed.

2007-01-31 01:59:25 · answer #1 · answered by Rooster 1972 5 · 1 0

a million. you'll be able to desire to record the return. do no longer stay away from this. 2. verify your submitting status. you'll be able to nicely be based. If anybody can declare you based, then you definately don't get your person exemption. 3. usually this might desire to be self employment earnings, that's challenge to SE taxes at 15.3%. (yet could be ninasgramma has spectacular archives approximately medical study participation earnings. if so, regardless of in case you do no longer might desire to pay SE taxes and you have no federal tax or state tax due, you'll be able to desire to record the return to show your place.) 4. you will pay federal tax if your earnings is extra advantageous than $5,350 (for single based) or $8,750 (single nondependent). 5. Then there could be State tax based upon your state.

2016-12-16 17:37:20 · answer #2 · answered by ? 4 · 0 0

Go to irs.gov for the answer

2007-01-31 01:56:05 · answer #3 · answered by MOM KNOWS EVERYTHING 7 · 1 0

call a tax accountant and theny will tell you

2007-01-31 01:57:54 · answer #4 · answered by tennessee 7 · 1 0

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