0
No. Let's assume your son is unmarried, under age 65 and not blind, and that you are claiming him as a dependent. In this case, your son's earned income for 2009 must be over $5,700 before he is required to file US income taxes. He must also file if his unearned income for the year is over $950. He may want to file, though, if he qualifies for any refundable tax credits.
What else can I help you with?
Do you have to file taxes if you are over 80?
Income taxes are not witheld based on age. It is based on Earned income.
Can unemployed mom get tax refund?
Unless you paid federal and state taxes you cannot get a refund. Many people make the mistake of thinking they can file taxes simply to get the earned income credit. They are wrong. It is called the earned income credit because they earned an income. So unless you worked at some point over the prior year you cannot get the earned income credit. And unless you paid taxes in then you have nothing to file or claim.
If your total earned income 1099 was 10200 do you need to file income taxes?
Absolutely. If you have more than $400 in income from self-employment (i.e. being a contractor) you need to file.
Can managers file taxes?
Sure. If you have income, you are required to file income taxes.
How much do you have to make to file earned income credit on your taxes?
From $1 to $50 of qualified earned income that you worked for. Go to www.irs.gov and use the search box for EITC
I earned $945.00 working for my landlord and I need to know if I can file income taxes on this?
Yes you can file income taxes on $945.00 that you earned.
Do you have to file taxes if you are over 80?
Income taxes are not witheld based on age. It is based on Earned income.
Is it possible to file taxes with no income in order to receive the stimulus payment?
No, you must have earned income to file taxes and be eligible for the stimulus payment.
Can you file even if you had no earned income?
Yes. You have to pay taxes on both earned and unearned income. In tax language "earned income" means income from a job or self-employment. "Unearned income" is other income such as interest on your bank accounts or profits from investments. A sufficient amount of earned or unearned income requires you to file. Even if you do not have enough income to be required to file, you can still file. If you really want, you can even file if you have no income of any kind.
Can unemployed mom get tax refund?
Unless you paid federal and state taxes you cannot get a refund. Many people make the mistake of thinking they can file taxes simply to get the earned income credit. They are wrong. It is called the earned income credit because they earned an income. So unless you worked at some point over the prior year you cannot get the earned income credit. And unless you paid taxes in then you have nothing to file or claim.
Can managers file taxes?
Sure. If you have income, you are required to file income taxes.
If your total earned income 1099 was 10200 do you need to file income taxes?
Absolutely. If you have more than $400 in income from self-employment (i.e. being a contractor) you need to file.
What is the process for reporting and filing taxes on k1 income earned from another state?
To report and file taxes on K1 income earned from another state, you typically need to include the information from the K1 form in your federal tax return. You may also need to file a state tax return in the state where the income was earned. It's important to carefully review the instructions on the K1 form and consult with a tax professional for guidance on how to accurately report and file taxes on this income.
How much do you have to make to file earned income credit on your taxes?
From $1 to $50 of qualified earned income that you worked for. Go to www.irs.gov and use the search box for EITC
Do you need to file an income tax return if you earned 5489.86?
Yes this is very possible. The type of earned income your filing status and even a possible refund of any withheld income taxes.
Can you file taxes using diability income?
Disability Income is taxable if your employer paid the premiums for the Disability Insurance or if you paid it through a pretax plan. The best way to know if you have to file the income is if you receive a Tax form such as a 1099 or a W-2 form showing the amount then you will have to file this as income. Disability income is not earned income for the purposed of Earned Income Credit and such.
How do you file taxes if you worked for cash?
You report the income as earned income...and very possibly consider yourself as running your own business, so file a schedule C too.
