Hello everyone! I just had a question about taxes.
I want to start doing online freelance work on Fiverr as a side hustle and I know I have to fill out the W-9 form. Though, I’ve never had a part-time job before, not even in high school, and hence I’m not very familiar with how taxes work. I have tried doing a bit of research, though I still have some questions.
Would filling out the form require me to pay taxes, even if I end up making less than $400?
Also, what if I am unable to pay the taxes on my own (since this would be my very first independent source of income)? Should I hesitate on filling out the form, since this is the case?