I will spell it all out for you guys in hopes that you can give me some real advice. I am 18. I used to live in Ohio. I moved to Nevada this year to go to College. I am Financially independent, and I pay for all living expenses, work at the University's library, and Go to school Full-Time. I had to take loans out, which totaled around 6000 for the fall semester and another 6000 for this spring. Taxes have not been deducted from my work pay at school for some reason, (hopefully thats normal), and I am wondering if anyone can help me out here. Thanks!! I made 4300 last year at my library job, i made about 400 more at a job at a restaurant earlier in the year as well.
United States - 1 Answers
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Answer 1 :
You will have to fill out a regular tax return. You should get a W2 from your school and also a 1098T for your tuition. I don't know what other income you might have (interest, dividends, investments, etc.) but you could owe tax based upon your income levels.
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