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US 16 year old taxes?

Discussion in 'Business & Tax Advice' started by Migisv2, Aug 28, 2009.

  1. Migisv2

    Migisv2 Registered Member

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    I saw another thread like this and wanted to ask. I am making money from cpa's right now and am 16 years old. They took my ssn at application so im guessing they send it to the IRS to make me pay taxes?
     
  2. kingbrend

    kingbrend Regular Member Premium Member

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    You'll receive a 1099 at the end of the year for taxes.

    I believe it's called a 1099 at least.
     
  3. Jared255

    Jared255 Jr. Executive VIP Jr. VIP Premium Member

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  4. Migisv2

    Migisv2 Registered Member

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    thanks buddy
     
  5. hannahbanana

    hannahbanana Registered Member

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    Yes, you will need to pay taxes on that money, even if you're 16.