At What Age Does A Child Have To File A Tax Return?
When your children begin working and they receive their first W2, the question from parents is often “Do they have to file a tax return?” In this video we will cover:
At what age are you required to file a tax return
The $12,400 income threshold
Tax refunds for children
Impact on the IRS Stimulus Checks
Can you still claim them as a dependent if they file a tax return?
Kiddie Tax
DISCLOSURE: This is for educational purposes only. This is not tax advice. For tax advice, please consult your tax professional.
About Michael……...
Hi, I’m Michael Ruger. I’m the managing partner of Greenbush Financial Group and the creator of the nationally recognized Money Smart Board blog . I created the blog because there are a lot of events in life that require important financial decisions. The goal is to help our readers avoid big financial missteps, discover financial solutions that they were not aware of, and to optimize their financial future.Money Smart Board blog
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When your children begin working and they receive their first W2, the question from parents is often “Do they have to file a tax return?” In this video we will cover
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