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Wednesday, June 27, 2012

Kids, summer jobs and taxes

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Hello Talha, Wednesday, June 27, 2012
Kids, summer jobs and taxes
Summer employment is a time-honored coming-of-
age tradition. It also could have tax consequences.



Inside this tip:
Amount earned triggers filing requirement.
Contractor? Employee? Self-employed?
Special rules for some teen jobs.
 
    High-tax states beat no-tax ones
  Which states fare better economically, those with high individual income tax rates or those with no personal income taxes?
Read more »
 
  Fast access to tax help
 
2012 tax bracket rates
 
Check taxes in your state
 
Bankrate's Tax Guide
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