If you don't understand tax brackets, they probably don't apply to you.
(media.omegacanada.win)
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IRS was going to tax anyone who recieved $600 through services like paypal and venmo. They delayed it 2 years and now its a slightly more reasonable 5K
So if I made 35K Id be audited 7x
super special round corner padded room leftist sources: https://www.cbsnews.com/news/irs-delay-600-reporting-form-venmo-paypal-1099k-2024/
https://www.msn.com/en-us/money/taxes/new-irs-tax-rule-what-is-the-600-rule-and-when-will-it-take-effect/ar-AA1kCp44 (States it was if it was higher than 600 per year. PER YEAR)
In Canada you dont even have to pay taxes period if you make under 30k annum last I checked