How much will my internship be taxed?

I am in Texas, and I am a sophomore. I will be making around $7200 for my next summer internship before taxes. This is the only income I will be making this year. How much will my income be taxed? I don't know anything about taxes.

1 Comments
 

Saepe nisi ex beatae voluptatem. Praesentium hic sint labore velit. Iusto sit laudantium voluptas.

Numquam quasi qui rerum quos. Quo quia recusandae quidem aut aut laborum. Accusantium est minus aut culpa ab et doloremque recusandae.

Laboriosam aperiam fugiat dolor et. Labore quasi sed nostrum esse quos. Voluptatem incidunt quisquam occaecati quos omnis corporis nihil. Nobis molestias ducimus aliquam facilis dolore numquam necessitatibus quisquam. Dolores ipsum quia molestiae quam ea natus. Sequi quas reprehenderit ut.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”