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A

Anonymous

Jan 15, 2025

How much do taxes do I own to Uncle Sam ?

How much do I owe in taxes to Uncle Sam? I earned $500 in cash and do not have a Social Security number; I only have an ITIN.

6 Answers

A
Anonymous

Dec 16, 2024

It depends on a bunch of parameters that you have not provided.

A
Anonymous

Nov 22, 2024

If that was your only income for the year, then you owe between $70 and $80 for taxes.

Self employment taxes start at $400. $500 times .9235 * .153

A
Anonymous

Oct 30, 2024

Since it is under $600 there is not record of it. Theoretically you should pay taxes on it but the IRS will not know if you do not.

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