Income Tax Deduction as a Minor?

Question

Hellos,

Before reading:

I'm 17 and I'm giving you a scenario of assumptions and accusations, reply accordingly if you will, it will be much obliged.

Okay

Assume I live in Arizona, and assume I apply for a job at Kohl's with no prior work experience (as it is not required.) Assume that they higher me and assume Arizona's Minimum Wage is $ 6.90 and assume that starting salary in this business is MW + $ 0.40, which is $7.30. Okay, and assume I work 32 hours a week,

32 * $ 7.30 = $ 233.60

Note: Remember I'm 17, I'm not sure if there's any bonus to being a minor in this area (tax returns, etc), if there is, do tell.

My question to you:

What would my income tax deduction be, and the finalized pay check would equal out to what?

Now assume I'm employed for 15 weeks. Around what amount money would I rake in (I know it depends but, given that information, what can you conclude?)

Answer 1

Read about tax filing requirement of a dependent: http://taxipay.blogspot.com/2008/02/fili...  

Answer 2

Pub 15 (Circular E) will tell you more than you want to know.

http://www.irs.gov/publications/p15/inde...

But to answer-I am assuming that you are paid every other week. If not, just look it up in the table.

467.20 at single/0 is (31.90+5.73) income tax, 35.74 FICA (0.0765%)

467.20 - 74.37 =  392.83 take home pay. For two weeks.

Filing, if your parents can claim you as an exemption, you have to file without claiming yourself, just a warning.