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Suppose I make 2,000 tomorrow...

Discussion in 'BlackHat Lounge' started by Jared255, Jul 17, 2009.

  1. Jared255

    Jared255 Jr. Executive VIP Jr. VIP Premium Member

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    ...using AC and CPA. Assuming I don't get over $600 with AC I don't have to pay taxes, right?

    For CPA, I know the require a tax form, by giving them that do I have to file them myself? I'm under 16.

    If someone who knows a lot about taxes could answer this that would be great.

    Jared
     
  2. Thrax

    Thrax Registered Member

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    How are you making ~$600/day with AC? [If you don't mind me asking]
    Just re-writing articles yourself?
     
  3. Jared255

    Jared255 Jr. Executive VIP Jr. VIP Premium Member

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    No, I'm not, but I think it's $600/year that you need to pay taxes. 600 a day with AC would be well, ridiculous.
     
  4. jammie

    jammie Power Member

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    You'll have to file the tax stuff your self.

    Oh, and don't lie because on an audit they can look back as far as they want =] (well in the UK at least). Stay legal and have fun.

    Of course setting up a business and sub-contracting yourself would cut down a lot of tax, and increase your pension, but i'm sure you already know all that stuff ;)
     
  5. surajprakash31

    surajprakash31 Regular Member

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    It's $600 a month. If you exceed that limit, you need to give your tax information.
     
  6. oh222

    oh222 Newbie

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    You don't know what you are talking about! it's $600/year not /month!
     
  7. Jared255

    Jared255 Jr. Executive VIP Jr. VIP Premium Member

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    Okay, thanks. Now I just need to make 2,000 a day...