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That would be a great birthday present, but no such luck.
There are no start or stop ages for paying taxes. Anyone of Amy age who has taxable income may have to pay tax. It is always better to file a return, especially if no tax is due or you don't even have o file a treturn, because ONLY good things can happen if you do....like refunds, incentive payouts etc.
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∙ 12y ago
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If you claim your sixteenyear old on your taxes can she file exempt on her part time job?
There is no exemption from income taxes because of age. Being claimed as a dependent does not make your child exempt from taxes. Regardless of age or dependent status, if your child has sufficient income she must file her own tax return.To claim "exempt" on her W-4 at work, BOTH of the following statements must be true:1) She owed no taxes last year. All taxes that were withheld (if any) were refunded.2) She reasonably expects to owe no taxes this year.
If your 55 years old are you exempt from paying taxes on pension?
No. You can be over 100 years of age and could still meet the requirements of having to file an income tax return. Age does not have anything to do with the requirement to have to file an income tax return.
How much in taxes do you pay for a 4 year old?
About the same as a 3 year old, just you gotta pay for taxes.
Do you claim exempt on taxes if your 17 years old and living with your parents?
not unless you make more money than your folks leave them the exemption.
How old do you have to be to stop paying taxes?
you should mention a country...but I don't think there are countries where you don't have to pay it.
What is maximum income for an 80-year-old single male before paying taxes?
$25,000
If you claim your sixteenyear old on your taxes can she file exempt on her part time job?
There is no exemption from income taxes because of age. Being claimed as a dependent does not make your child exempt from taxes. Regardless of age or dependent status, if your child has sufficient income she must file her own tax return.To claim "exempt" on her W-4 at work, BOTH of the following statements must be true:1) She owed no taxes last year. All taxes that were withheld (if any) were refunded.2) She reasonably expects to owe no taxes this year.
If your 55 years old are you exempt from paying taxes on pension?
No. You can be over 100 years of age and could still meet the requirements of having to file an income tax return. Age does not have anything to do with the requirement to have to file an income tax return.
Should 16 year old claim exempt on w9?
It is not recommended for a 16-year-old to claim exemption on a W-4 form as they likely do not meet the criteria to be exempt from federal income tax withholding. They should check with a tax professional or their employer for guidance on how to properly fill out their tax forms.
How much in taxes do you pay for a 4 year old?
About the same as a 3 year old, just you gotta pay for taxes.
During the old regime where did the burden of paying taxes fell largely on?
The commoners of the Third Estate.
Do you claim exempt on taxes if your 17 years old and living with your parents?
not unless you make more money than your folks leave them the exemption.
How old do you have to be to stop paying taxes?
you should mention a country...but I don't think there are countries where you don't have to pay it.
Can a 14-year-old get a good paying job?
== ==
Do 65 years old do you have to pay taxes?
Despite popular belief there is no age limit for which taxes do not exist...it depends merely on how the income was created and how much was created. There is no "Age Exemption" from paying taxes.
What is the easiest yet highest paying job for a 14-year-old boy?
There are not a lot of high paying jobs for 14 year old boys, but for those who have an appealing screen presence, acting would be the easiest and highest paying.
Can a 14 year old get a good paying job?
Shame but no :(
