Salary for banking intern
For investment banking summer internships, how much is typically deducted in tax?
I worked at a really small investment banking firm last summer as a sophomore but they gave me a 1099 NEC and I got taxed close to $1K on just <$6K of income made over the summer.
I'm working at a larger firm now and I'm assuming they use a W2 and was wondering how much would typically be taxed on around $15K of income
Just need to know to figure out my ideal rent figure for this coming summer.
Thanks
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