Many students find either summertime jobs or seasonal positions around the holidays.  If that's you there are important things you should know about the paycheck you will be receiving.  Even if you are claimed as a dependent on someone else's return the IRS still expects you to pay your fair share of taxes.  (That includes waiters, waitresses and anyone else earning tips.)  Special rules apply if you perform certain services including newspaper delivery. 

For complete information on who will owe, how much you will owe, and how you should pay those taxes go to the IRS article which will give you full details by clicking here.