my employer doesn’t take out taxes?
Asked by: tmoran
I need major help here guys…
I’m a college student and took on a summer job. It’s 15/hour and I work roughly 30 hours a week. I’m working in a clinic environment as a supervisor. Well, my company doesn’t do paper checks, it’s all direct deposit. So there is no paper they hand out on pay day like my previous jobs showing what you made/taxes taken out/etc. I calculated what I should make (untaxed) and it is exactly what was deposited into my account.
What am I suppose to do? I filled out a W-something form during orientation… where I claimed “single” i’m just confused why nothing is being taken out and how much I should be saving for taxes? Any help would be great!
i heard about this “independent contractor” thing but i don’t think that’s me at all. i don’t set me own hours or choose what to do on my own.
i just got my first check.
and i just found out for the summer program i’m in they don’t take out taxes so i’ll be responsble to pay at tax season… great =/
i’ll ask about the pay stub tomorrow… but i still need to contact IRS i guess to figure out how much to save/put away for tax season