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Level 2
posted Jan 22, 2022 8:10:30 AM

I donate plasma , how much should i withhold from each donation if i get 75.00 each time

0 3 351
3 Replies
Level 15
Jan 22, 2022 8:36:13 AM

We cannot answer that since we know nothing about your overall tax situation.

Level 2
Jan 22, 2022 8:38:42 AM

I will make 37500 in 2022 and approx 75.00 a donation twice a week. Single. 

Level 15
Jan 22, 2022 8:47:50 AM

It is taxable income at your tax rate.  Use the taxcaster tool to get an idea

 

https://turbotax.intuit.com/tax-tools/calculators/taxcaster/