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Reply to "17 yr earned 3k this summer, does she need to file tax form?"
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[quote=Anonymous]Here’s what TT says: Earned income A minor who may be claimed as a dependent has to file a return once their income exceeds their standard deduction. For tax year 2022 this is the greater of $1,150 or the amount of earned income plus $400 up to the full standard deduction of $12,950. As an example, a 15-year-old who works after school and earns less than $12,950 would owe nothing in taxes. Even so, if an employer withheld taxes from her paycheck, she'll have to file a tax return to obtain a refund.[/quote]
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