<prompt> Human: so to start off, im 18 years old, and I make all of my income at the moment from a streaming website called twitch.tv. I average around 4-8k a month, depending on how long i stream and ads and stuff. I have absolutely no clue how taxes work but some guy said that i would have to start worrying about it immediately or i can get jailed. so I have no idea who to ask to help to, or where should i go? thought this would be a good place to start off with. edit: for the people saying its fake and whatever, i posted julys earnings from ad revenue only. That doesnt include subs and donations. so i guarantee you this is not fake. and anyways i just wanted to know about the taxes thing but i got it, thanks for the ones that helpedAssistant: Were are you located? Human: canada torontoAssistant: Unless there is an exception in the tax law for this type of income, which I highly doubt, you owe tax on your income. Why would you think you dont have to pay taxes? Human: ive never paid taxes in my life, this is my only real first job, but no one has ever taught me anything about tax. i dont even know how it works! or where would i go for advice..Assistant: Get yourself to an accountant. Asks friends and family if they can recommend a small business accountant in Toronto. If you cant find anyone, its possible rPersonalFinanceCanada can recommend one. And if all else fails, use the yellow pages or Google to find a small business accountant in Toronto. Edit: And you arent going to go to jail or anything like that. If you want to do it yourself, Quicken may offer tax software for small businesses, Im honestly not certain. But it may be worthwhile paying an accountant to do your first year of taxes and offer some advice. Then you may be able to handle small business taxes in the future. Human: is this real? i checked on a tax calculator that if im making 50k annually i might have to pay upto 10,000. isnt that a bit too much? also where would i get an accountant  <response>: welcome to the world of paying taxes lol 