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View Full Version : Low income tax


raye1981
Mar 14, 2007, 08:55 AM
I started working only part time as a "nanny" and homemaker. My yearly "salary" is $7200 ($600/mo.). What taxes are due or how much (percentage) should I put away?:confused:

AtlantaTaxExpert
Mar 18, 2007, 04:49 PM
No income taxes will be due.

Self-employment tax is 15.3%, about $92 per month.