Now that school’s out, many students will be starting summer jobs…from working at a summer camp to being an office intern. The IRS reminds students that not all the money they earn may make it to their pocket. That’s because employers must withhold taxes from the employee’s paycheck. Here are a few things these workers need to know when starting a summer job:
More Information: Do I Have Income Subject to Self-Employment Tax? IRS YouTube Videos: Share this tip on social media — #IRSTaxTip: Tips for teenage taxpayers starting a summer job. https://go.usa.gov/xQVeb |