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fkdissht
· 6 years ago
· FIRST
Who the hell is fica and why they taking my money? Lol
6
aviva
· 6 years ago
That‘s the face of realising the unfun side of adulthood
4
norwegiangirl
· 6 years ago
In Norway you can earn up to 5800 dollars a year without having to pay tax. You only pay tax if you earn more than that, and a lot of kids having a small part time job doesnt have to pay taxes. Do you guys have something similar in the U.S., or do you og taxes from the first dollar you earn?
1
guest
· 6 years ago
In US and Canada, the policy is the same. There is a minimum taxable threshold, but you don't get that until the end of the year. They will tax everything you make, and then at the end of the year when you're due your tax refund, they will look at the document that shows your total annual income. In Canada we call it T4, I can't remember what they call it in the US. If the number is below the threshhold, they will give everything back. But yes, until you get it back as a tax refund, they will tax your income under the lowest tax margin.
2
norwegiangirl
· 6 years ago
Oh okay. Thanks for a good explanation!
2
silvermyth
· 6 years ago
It’s good that they are refunded, but having it at the end of the year seems inconvenient.
3
