My Situation

So I am a complete retard when it comes to taxes.

I get my money from CPA networks via check. I don't receive the money via Paypal because I heard that if you receive anything over $300+, your account can get limited... and because I'm 15 I would have to wait 3 years before I can open it again.

So how exactly do I pay taxes? I understand that no matter what your age is, you still have to pay taxes... Help? Or can I bypass this?

Back when I was 15 till I was 17 I never reported the earnings. I did last year for my first year. Just don't worry about it. Unless your pulling in thousands?

I'm no tax pro, but I am pretty sure as long as you don't make over $4500 you don't have to report. Definitely do your homework on it or come tax time give HR Block or some place a call and let them give you a more definite answer.

At the end of the year they should send you a 1099 with your earnings. You will be required to file a tax return for your earnings. If you bring in a ton of cash, you need to pay your taxes on a quarterly basis to avoid underpayment penalties.

You need to check out the IRS website irs dot gov for some more info.

Talk to your parents about it, and they can help you when it is time to file.