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If your teen took advantage of the tight labor market in 2021 to work their first part-time job, they could be facing another first this year: filing taxes. Depending on your teen's age, as a ...
If your teen just received a W-2 from their first part-time job they could be facing another first this year: filing taxes. Depending on your teen's age, as a parent you might take an active role ...
If your teen worked a full-time or part-time job in 2021 for the first time, they might be facing another milestone in their life this April: filing tax returns. Your teenager must file federal and...
Teenagers often begin their working careers with a summer job. Whether they decide to work at the summer camp where they spent so many of their earlier years or grab some hours at their favorite ...
Teenagers -- and adults, for that matter -- who take on gig work, side jobs, or consider themselves self-employed will receive a 1099-NEC form for any earnings of $600 or more. If a self-employed...
If your teen worked a side gig, including one where they were paid as a 1099 contractor instead of as a W-2 employee, they must claim that money on tax returns if their net income exceeded $400.
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