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Originally posted by Tala
For those of us who need to know, how does one go about filing taxes when you're not even an incorporated business of yet? Just add up everything you made minus whatever deductions you can get away with and pray you don't owe much?
I've not made much, but I betcha they'll take everything plus 20% because I'm a college student. That and I won't be able to get any more funding for school. *sigh*
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I would talk to an accountant, I did that a few weeks ago and we came up with about the same amount I thought I would have to end up paying. I was forgetting self employement tax though. I would talk with an accountant just to make sure you get everything correct.