For Canada: Do paycheques from teenager jobs get taxed by the government as well?
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Like fast food restaurants, retail, etc. worked by those under 19? I'm not complaining or anything, just curious. I know a portion goes towards EI.
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Answer:
Your age is immaterial. Income is taxed regardless of how old you are. It's only CPP which is age-dependent. You need to be 18 before you start paying premiums. You will be subject to income tax if you earn enough money during the year (typically over $10,000).
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