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If your state taxes income, and you make enough during the year to have to file a tax return, you may have to pay taxes. First you get your personal exemption and then deduct your business-related expenses.
If you make more than $400 as a self-employed person, you must file a federal (IRS) tax return. http://www.irs.gov/individuals/students/article/0,,id=96674,00.html
Even if you do not have to pay income taxes, you may have to pay a "self-employment" tax, which is very annoying.
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoNo becaise they r nt with nd 4 tax
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Can you claim taxes on babysitting if the parents do not pay taxes?
Yes, if you file your babysitting income as self-employed
Is a teenager dependent required to pay employment taxes such as FICA and FUTA on money earned by babysitting?
You could, but you don't have to.
Does a minor babysitting have to pay taxes?
Yes, i think the cut off is 1500 after that for a minor you must pay taxes.
What if you have no money to pay your taxes?
You are legally required to pay taxes. Taxes are only due on money you have earned therefore if you owe taxes you have had the money. If you do not pay the taxes you owe you will be sent to court and made to pay - even if you go to prison you will still owe the tax man.
Do you have to pay taxes on estate money received?
Yes, you will have to pay taxes on any estate money received.
Does a teenager have to pay taxes on money that they make while babysitting?
Technically, yes. All income earned must have federal income taxes paid. State income taxes may also be owed. Fortunately, a minor's income tax rate is usually 15%.
Do athletes pay taxes on money won?
Yes they have to pay taxes on the winnings
Do republicans pay taxes?
No they raise money on taxes
Do you have to pay inherit taxes on money willed to you in NC?
If you inherit money willed to you in the state of North Carolina, you must pay taxes on the money. Inheritance taxes are more than regular employee taxes.
How do you claim babysitting on your taxes?
line 21 of 1040,if you did the babysitting.
What are synonyms of taxes?
a synonom for taxes is pay or give money
Did you have to pay taxes to be a citizen of athens?
Citizen of Athens had to pay taxes with the rich not having to pay taxes. The rich did have to pay for thing that the tax money didn't cover.
