Many students get summer jobs. It’s a great way to earn some
extra spending money or to save it for later use. Below are some tax tips for students who have
summer jobs:
 |
| Tax Tips For Students |
- Withholding and Estimated Tax payments. If you worked as an employee, your employer will normally withhold taxes from your paychecks. If you are self-employed however, you may be responsible for paying taxes directly to the governments. One way to do this is by making estimated tax payments on set dates during the year. Basically, this is how our pay-as-you-go tax system works in this country.
