Work Study vs. Real Job?

Colleges and Universities A-Z Columbia University
21

<p>
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Can you do work-study and a real job? (not in terms of time and stress)

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</p>

<p>yes</p>

<p>
[quote]
do you pay taxes on work-study

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</p>

<p>yes, but at a very low percentage </p>

<p>
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have to file a tax-return?

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</p>

<p>you probably won't have to since you will most likely not pass the minimum income threshold for filing. If you do make more than the minimum (when adding up all income not just work study) then you have to file. Even if you're not required to file, you can still do so if you are going to get a refund. Until last year I always filed the 1040-EZ form...its very simple and you can fill it out really easily using the most basic version of any tax program. I don't remember what the minimum income required to file is for a single person...I think its like $5k...someone can correct me if I'm wrong.</p>

22

<p>thanks Shraf
'nother question..
Is it possible to max out the work-study in the first semester so you can work in the next semester or is there a cap on how much you can work per week/month?</p>

23

<p>for work-study you're not allowed to work more than 20 hours a week</p>

<p>I'm not really sure what you're asking...you don't have to max out your work study to be able to work....you don't even need to do any work-study if you are offered it and you don't want to</p>

24

<p>Regardless of whether you have to file a return for work study and/or your non-work study job, if you do have to file, your tax burden will be non-existent or minimal if you're working a low-paying job part-time. Your total income for the year will be very low, as if you were a really poor person.</p>