From my experience, working teens do pay taxes! Less than an adult and you typically get a good chunk back at refund time, but I remember that first paycheck that was smaller than I expected.
Freelance work does make it more messy, though. When I was working fast food at 14/15, I just had to have my W4 filled out correctly and my employer deducted taxes. I haven't done freelance so I haven't done those taxes myself, but folks I know that have done it have found themselves annoyed with quarterly payments and whatnot.
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A lot of my peers did either work as waiters or in fast food restaurants and I think it's just like you said here too.
but folks I know that have done it have found themselves annoyed with quarterly payments and whatnot.
That's what I would expect tbh, they don't really have the know-how plus taxes & contracts are a pain do deal with. (unless their custodians explain that to them or take care of that)
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From my experience, working teens do pay taxes! Less than an adult and you typically get a good chunk back at refund time, but I remember that first paycheck that was smaller than I expected.
Freelance work does make it more messy, though. When I was working fast food at 14/15, I just had to have my W4 filled out correctly and my employer deducted taxes. I haven't done freelance so I haven't done those taxes myself, but folks I know that have done it have found themselves annoyed with quarterly payments and whatnot.
Good to know! I mean, they might as well😂
A lot of my peers did either work as waiters or in fast food restaurants and I think it's just like you said here too.
That's what I would expect tbh, they don't really have the know-how plus taxes & contracts are a pain do deal with. (unless their custodians explain that to them or take care of that)