When your parents claim you as a dependent, you may not have to file even if they pay you taxable income. If your work for them -- or for anyone -- earns you less than the standard deduction, you don't owe taxes. As of 2012, the deduction is $5,800.hen your parents claim you as a dependent, you may not have to file even if they pay you taxable income. If your work for them -- or for anyone -- earns you less than the standard deduction, you don't owe taxes. As of 2012, the deduction is $5,800.
A brand new Lamborghini Aventador will cost you approx $400,000. Your payments will be $8000 a month for a car!!! Insurance and maintenance will run you an addition $25,000 a year. In order to be able to afford a car like that your income would have to exceed $750,000 a year. At $6200 a month you aren't even close.
IBR; $47,000 per year income. At this income rate, your monthly payment would be between $245 and $304 per month. The total interest paid over the course of the loan would be $7,141, bringing the total amount paid to $37,141. The repayment period in this case would be 128 months, or 10 years and 8 months.