Yes and no.
If your child’s only income is unearned income (interest, dividends, capital gain distributions) and is less than $10,500, you may be able to include that income on your return.
Yes, if they want the taxes that were taken out of earned income refunded they should file a tax return. Best to file with the first job a person gets.
A student filing a tax return does not necessarily keep the parents from getting the deductions. Those are generally affected by income, not whether the dependent filed their own tax return. However, only one of them can claim the deduction. In some cases, it is better for the parents to claim the deduction and in others it might be more beneficial for the student to claim the deduction. Best to figure it out both ways to maximize the amount of the tax refund. [Post edited by techer1983 at 07/01/2021 10:42PM]
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In response to this post by RJHokie)
Posted: 07/01/2021 at 10:32PM