How to File State Taxes as a Teenager

First jobs are a rite of passage. It's great to get your first pay check and realize that you actually earn an income. But the realization quickly hits that, even as a teenager, you're required to pay taxes. In some states, you're required to file federal taxes and state taxes. When it comes to state taxes, the rules are as different as all 50 states. Read on to learn how to file state taxes as a teenager.

Difficulty: Easy

Instructions

1. Collect all of your personal information. You'll need all of your personal information, including your social security number, to file your taxes.

2. Gather all of your tax forms. Some forms you might have include a W-2 from each employer and Forms 1099. You might also receive statements from your bank about accounts that are drawing interest, and you can expect to pay taxes on almost any investment account that's in your name.

3. Add up any extra money you earned throughout the year. Tips and other earnings for which you were paid in cash are still considered taxable income. You are required to report this income when you file your taxes.

4. Consider any deductions that may apply to your income. If you made charitable donations or have any other type of deduction, you need to note that on your tax forms. Even teenagers quality for deductions.

5. Find out filing information for your state. Not every state requires you to file. But if there is a state tax where you live, you'll have to file. Each state has different rules and regulations. The IRS offers a link to each state which details all of the information you need to know.

6. Decide how you'll file your taxes. Software is available that walks you through the filing process. Most teenagers have taxes that are simple, and this software is more than capable of handling your needs. However, you might want to consider using a CPA if you feel more comfortable.

Resources

• IRS State Links