Remember Uncle Sam -- teens and taxes By Bankrate.com
That first paycheck can be a real bummer when you see what is automatically taken out.
You can expect to pay federal income tax and FICA (Federal Insurance Contributions Act), which are the withholdings for Social Security and Medicare.
- advertisement - Links: Never mind the teacher, beware of the taxman, Special rules for reporting a minor's investment income, When you need to file an income tax return
-- Posted: Jan. 20, 2003
* Mortgage rate may include points. See rate tables for details. Click here. * To see the definition of overnight averages click here.
Bankrate.com ®, Copyright © 2012 Bankrate, Inc., All Rights Reserved, Terms of Use.
Remember
Uncle Sam -- teens and taxes
