A sixteen year old can file income tax and, if the 16 year old had sufficient income, the 16 year old must file tax. There are no upper or lower age limits on income tax obligations.
Even if the 16 year old didn't owe any tax, if taxes were withheld from the 16 year old's wages, the 16 year old should file in order to receive a refund.
Turbo tax offers good online income tax course would better prepare you to file this year's income tax return. Just go to turbotax.com
Ones age does not determine if a person files taxes or not, what it matters is how much money the person made that year. What was the income of the person that year, is what determines the income tax filling status.
Generally, they are claimed as a dependent and included with their parents. However, if that isn't the case, and they made income, they would need and want to. See the q; How much income do you have to earn before you file income tax
Yes, if you legally are owed a refund
Yes you could still file a 1040 federal income tax return but if you do not meet the MUST FILE A INCOME TAX RETURN and you do NOT have any income.
Sure you can file your income tax return.
Turbo tax offers good online income tax course would better prepare you to file this year's income tax return. Just go to turbotax.com
Ones age does not determine if a person files taxes or not, what it matters is how much money the person made that year. What was the income of the person that year, is what determines the income tax filling status.
In the United States, individuals who are under 18 years old are generally not required to file their own tax return if their income is below a certain threshold. However, if a 14-year-old has earned income, they may still need to file a tax return to report and pay taxes on that income. It is recommended to consult with a tax professional or the IRS for specific guidance.
Generally, they are claimed as a dependent and included with their parents. However, if that isn't the case, and they made income, they would need and want to. See the q; How much income do you have to earn before you file income tax
Yes, if you legally are owed a refund
Yes you could still file a 1040 federal income tax return but if you do not meet the MUST FILE A INCOME TAX RETURN and you do NOT have any income.
Income tax returns are due by April 30th of each year.
When a person does not file their income tax return every year, there will be a penalty. An income tax shows the amount of how much the person has earned for the year.
Anyone who makes taxable income pays income tax. A 73 year old person in the US living on social security may not have to pay income tax, but will still have to file.
You have to file every year if Alabama has a state income tax and you made the required amount of money or had state income tax taken out of your pay.
You can always file dependents on your income tax return, as long as you have dependents living in your home that you are responsible for supporting financially.