Hey,
Technically my only source of income is from the hockey rink, where I make about 1000 to 2000 a year. That is not a typo.
So tax wise I get like 34 bucks back each year.
This year I was going to claim 5000 or 10,000 dollars in tips to improve my chances of getting a loan. I have good credit, but couldn't get a loan, cause of my 1000 bucks a year, and the loan lady told me to claim 10,000 dollars in tips, and said I wouldn't have to pay a lot.
Do any of you know what I'd have to pay on 10,000 or 5,000 if:
I'm not married
No one can claim me as a dependent.
I have no dependents.
I go to school part time
I gave 500.00 to the cbn
I gave 960.00 to The salvation army
I gave 2000.00 to my church
I rented 3000.00 in rental cars (for business trips to get more tips)
I paid 350 dollars in one state to get a permit to get those tips
I donated about 200.00 in clothes/shoes to the goodwill
I got about 200.00 in receipts for costumes, wigs and makeup (business expense)
If you know, that'd be great. I'd hate take my taxes to the tax place and they start telling me stuff I don't want to hear. I'd like to have some idea what I'm in for.
My mom normally takes my taxes with her, but after I told her what I was planning to do, she was like you should that yourself.
Thanks




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