Can someone answer a question about US taxes?
Let’s say the minimum taxable amount is $600. Then let’s say you make only $500 dollars and expect it to be all you make that year, and so spend it early on without paying taxes on it. But then, way later but in the same tax year, you unexpectedly make $100. $500+$100=$600. Does that put your yearly income into the taxable bracket now? Will you be expected to pay taxes on the $100 AND the amount you already spent?
This question is in the General Section. Responses must be helpful and on-topic.