Oh NO~ TAXES - Will I Be Audited?

[Kenji4861]

I own a small webpage and I made about $15000 this year. All the payments I received had no tax deducted from it.
I deducted many many things on my tax filing this year and total that I owed was about $1500 for tax...

Is it normal to pay only 10% of income for tax?
Is it too low?

 

[Compton]

Start heading for Mexico, I hope you speak Spanish.

 

[kranky]

How can we know if it's too low?

If you have legitimate deductions, you don't have anything to worry about even if you do get audited.

 

[rh71]

Your website will be assimilated. Resistance is futile.


...unless you gimme som'a dat $$$hiT.

 

[KK]

I paid around 7% federal taxes this year. Deductions are your friends.

KK

 

[gotsmack]

if you only made 15K for the whole year paying 1.5K may be too much. if you are in a higher tax bracket you should talk to an accountant.