Quote Originally Posted by Supra View Post
Lol, you're funny. I didn't use that "achievement" I.used that to show you that your assumptions are completely wrong. I've never seen it as an achievement. anyone can make money. You acting like your god because your another deadbeat accountant is fucking awesome. All you do crunch numbers and calculate taxes. Don't get ahead of yourself. But like I said you'll end up hating your job. Just give it time. Maybe h and r block will hire you some day (;
You're no better than a monkey with a wrench, banging on the hood of a car and then telling customers you can't fix it. Internship @ Deloitte is plenty for me. Though, for what H & R block is, which is a very efficient and cheap tax service to customers with lower amounts of income, nobody in their right economic mind would bash it. It's like saying "Walmart is a piece of shit' because it is a low-cost provider. News flash, walmart has a market segment of over 60 billion in capital. H&R block picked up a low-cost provider niche market and successfully picked itself as one of the market leaders in this segment. Of course, ignorant morons wouldn't know that because you have nothing but grease in your brain. Going to stop responding now as I realize you must have a negative IQ.


Quote Originally Posted by Omlett View Post
If im 16 and have had my job for a year, when do I have to start paying taxes? (actual question)
To my knowledge you are not exempt from any tax payments no matter what age. This one I'm a little shaky about but to my recollection, if you're being paid via check taxes are already deducted. Tax payments are not based on age to my knowledge, but rather level of income. However, there is technically no level of income where the bracket of taxes is 0%. The lowest tax paid is a 10% bracket. with that being said, you are already supposed to be paying taxes, and if you receive checks from your employers, the tax is already deducted from your check (or should be). If however, you are making under the table money, frankly it is not reported and with low doses of income you SHOULD (though completely illegal) be fine not reporting any taxes at all. I do believe there are several tax refunds you will be eligible for though however, which should more or less get you any money you pay, back in the form of tax refunds. While I have a decent knowledge of tax, I don't specifically know every tax refund that you can get, but I'm sure there's atleast one, and to my knowledge, most workers not yet 18 years are older can more or less get back all the money they've paid in taxes.