Hi I am 20 years old and a full time student. I started my own internet business a little over a year ago and in 2011 did very well and profited around $ 150,000. I am seeing an accountant because I am worried if I try to do my taxes myself or with a program like turbo tax I will do them wrong or make a major mistake. I am curious a really rough guess of how much I will have to pay in taxes? I am guessing around 30% from talking with people but wanted to see if some of the people who are more experts in tax on here had any more accurate predictions. If it matters here is some additional info: I am a full time student out of state and pay for my own tuition and living expenses. I live in California and am a resident of California although I go to school out of state. Thanks.