Can my 17 year old file his own taxes
WebIf a child can’t file his or her own return for any reason, such as age, the child's parent, guardian, or other legally responsible person must file it for the child. Signing the child's return. If the child can’t sign his or her … WebMay 31, 2024 · He must file his own tax return if his earned income was over $6300, or if he had net earnings from self-employment of at least $400. Even if his income fell below these thresholds, although not required he'd have to file a return if he wanted a refund of any withheld taxes (as explained above by xmasbaby0).
Can my 17 year old file his own taxes
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WebFeb 11, 2024 · Someone who was a dependent age 17 or older in 2024, however, could get both stimulus payments as a tax credit by filing independently for 2024. Joanne Burke, a financial planner in Vienna, Va., points to her daughter as an example. Burke claimed her daughter as a dependent on her 2024 taxes. WebFeb 11, 2024 · You can still claim your child as a dependent on your own return. He/she can file his own return for a refund of some of his withheld wages (he won’t get back anything for Social Security or Medicare), but MUST indicate on it that he can be claimed as a dependent on someone else’s return. (Supervise this closely or prepare it for him!)
WebMay 31, 2024 · A 17 year old can file their own tax return. But you can be claimed as a dependent on someone else's return even if you are not claimed, you must indicate on … WebCan I claim my 17 year old on my taxes 2024? 17-Year-Old Children Answer: Yes. If you meet all the other rules for taking the child tax credit, you can claim the credit for your daughter when you file your 2024 Form 1040. The age for children qualifying for the credit for 2024 is 17 and under (a change from 2024's requirement of 16 and under).
WebMay 31, 2024 · My 17 year old has his own w2 forms. do I still claim him? You should be able to claim the child as a dependent under the Qualifying Child rules if they meet all the … WebMay 31, 2024 · Does my 18 year-old need to file her own tax return? You do NOT include the earned income of a dependent or anyone else (other than a spouse filing a joint …
WebMy 16 year old filed his taxes without my help and got the $1400 Recovery Rebate Credit . ... I didn't know you could even file your own taxes if under 18. I don't think I ever filed a …
WebFeb 9, 2024 · • For tax year 2024, the Child Tax Credit is up to $2,000. The Credit for Other Dependents is worth up to $500. • The IRS defines a dependent as a qualifying child (under age 19 or under 24 if a full-time … how did pride month startWebJul 9, 2024 · For 17 year old’s who live on their own, the income tax threshold is $12,000. If you are classed as a child dependent by your parents, guardians, or other relatives (they … how many solution calculatorWebJun 3, 2024 · Since her mother claimed your wife as a dependent on her taxes, you wife can't file a joint return with you for the year. Your wife can file as "married filing separately" and indicate in the Personal Info that someone else claimed her … how many solo songs does jimin haveWebJun 6, 2024 · He cannot claim the EIC on his own tax return (he's too young and has no dependents) *Even if somebody claims him, on their return, he still has to file his own tax return for his job income (assuming he makes more than $6350 for the year). He just … how did price end up in the gulagWebSep 7, 2024 · Is there an age limit on claiming my child as a dependent? If the parents of a year-old child never married but live together with the child for the tax year, and both contribute to the cost of maintaining the household for the child and themselves, may they both file as head of household? how many solstices a yearWebJun 7, 2024 · You can still claim your child as a dependent on your own return. He/she can file his own return for a refund of some of his withheld wages (he won’t get back … how many solo wins does typical gamer haveWebYour son would check the box that he can be claimed as a dependent by someone else and that he will be claimed as a dependent. No, you should not report his income anywhere on your return unless he has unearned income greater than $2,200 and would be subject to "Kiddie Tax." For more information, see: Do I need to file a federal return this year? how many solutions do equations have