Submitted by Make-Change-Now t3_yiq704 in personalfinance

I live in georgia, I make roughly 1600-2000 a month doing doordash on my bicycle,

Specifically, I make 2000 a month if I meet my goal of 100 a day 5 days a week, however I don't go out when it rains for safety,

So in rainy season I make less and just stay inside

I have to do taxes myself since I'm a contractor,

This actually, would be my first time doing taxes, the only thing I've known to write off and save receipts for so far is my job expenses,

Basically, my bike maintenance costs, (I don't think the subway transportation counts, neither does lunch sadly, even though I have to eat high quality foods to stay active and fit for work)

I'll be reading your replies ๐Ÿ‘€

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No_Tension_280 t1_iujyr0b wrote

Taxes are on a sliding scale. The more you make, the higher the rate. And the standard deduction is 13,850, so the first 13,850 doesn't get taxed as a single filer. Seeing as it is a flat deduction, it benefits the lower income the most. So the taxes are designed to give the most breaks to the lowest income. You can go to IRS.gov and look at the tax rates to see how much you'd pay. State is another issue.

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