Anonymous
04/21/2023 19:58
Subject: 17 yr earned 3k this summer, does she need to file tax form?
Anonymous wrote:Anonymous wrote:When I was that age I always got money back when I filed, even though I was a dependent. If they have a w-2 its likely in their best interest
She didn’t have taxes taken out because she wanted more $ weekly.
DC did not get taxes taken out, so no need to file.
We opened a Roth for DC. Definitely a good idea.
Anonymous
04/21/2023 17:29
Subject: 17 yr earned 3k this summer, does she need to file tax form?
Anonymous wrote:Minor child, we’re claiming her on our taxes. Earned 3k in 2022.
I’ve read conflicting information. And does she need to file for DC?
Similar situation but in VA. 17 y.o made about 2.2K. We added another $350 in pretend earnings (baby sitting) and put in $2,500 into a Roth IRA. Filed taxes to get back the small amount of Federal and state taxes withheld as well as to start the record on the Roth IRA in case some idiot questions it down the road. Did the same for an older kid a couple of years ago when earnings were about $1.5K and there were no witholding.
No requirement to file, however.
Anonymous
04/21/2023 16:33
Subject: 17 yr earned 3k this summer, does she need to file tax form?
It's not required. My daughter filed for the first time this year because she had a little taxes that were withheld and got it all refunded. That $250 is a lot to her!
Anonymous
04/17/2023 20:45
Subject: Re:17 yr earned 3k this summer, does she need to file tax form?
No of course not
Anonymous
04/17/2023 20:45
Subject: 17 yr earned 3k this summer, does she need to file tax form?
No she does not need to file. My DC has been working since age 13. Always files EXEMPT on both Fed and VA taxes b/c never gets close to the limit. DC is 18 now but still won’t make the limit this summer before heading to college. We’ve also done the ROTH match each year and just keep the paychecks/W-2 as proof if ever needed. No need to file the tax return.