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How much money will I have to file in taxes if I earn around $12,000 a year?
10-14-2012, 11:44 AM
Post: #7
 
Although not exact dollar figures, based on a $12,000 annual income with no business expenses you will owe approximately $1,400 in self employment tax and $600 in federal income taxes for a total federal tax bill of around $2,000. Depending on where you live, you may also owe state and/or local income taxes as well.
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[] - David - 10-14-2012, 11:44 AM
[] - Judy - 10-14-2012, 11:44 AM
[] - Bobbie - 10-14-2012, 11:44 AM
[] - tro - 10-14-2012, 11:44 AM
[] - Shah Alam - 10-14-2012, 11:44 AM
[] - card-ron - 10-14-2012 11:44 AM

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