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It is possible for teenagers to snag a high-paying job providing valuable services in their communities and beyond. The most popular and highest paying jobs that teens might be qualified for include babysitting, dog walking and jobs on the Internet. These jobs offer teenagers an opportunity to earn more than the minimum wage, determine their own work hours and gain work experience.
A summer job can help a young person get a leg up on the career and their finances. But it can also provide an irritating lesson on income taxes. Fortunately, a teen worker might not owe the taxman at all. For the 2014 tax year, the standard deduction for a single taxpayer is $6,200.