|
|
| *Loan,banking and credit>>>child tax |
A dependent child worked part time, earned $2600.00, a full time student. Does he need to file a tax return? |
The student is my son. He is qualified as my dependent. He paid about $62 as federal income tax, no state income tax in my state. He paid $155 SS tax. Yes. Make sure he checks the box that says he's being claimed as a dependent by another tax payer. i believe so...anything over 600.00 dollars needs to be filed. he should file but cannot claim himself as he is YOUR dependent. He is not required to file a tax return. However, he should file a tax return in order to get a refund of the $62 he paid in federal taxes. He could file a Form 1040-EZ. http://www.irs.gov/pub/irs-pdf/f1040ez.p... cpa TMA is correct He is not required by law to file a return, but he can file and get the $62.00 federal tax that he paid in as a refund. He will not claim himself as a dependent. Form 1040EZ would be quick easy form to fill out. All incomes need to be filed. However, not all incomes filed are taxable. There is a ceiling. Check with your local tax department. |
| Tags |
| tax year income tax business tax car tax child tax cigarette tax corporate tax estate tax import tax inheritance tax |
SiteMap--Copyright/IP Policy--Contact Webmaster For personal non-commercial use only. |