I've never had to do them before, so what would be the best way considering my age and amount of money?
2007-02-08 08:09:16 · 3 answers · asked by zander1331 3 in Business & Finance ➔ Taxes ➔ United States
Congratulations - impressive earnings for age 15.
Was this on a W-2 job, or self-employment? If self-employment, you 'll need a schedule C or C-EZ, schedule SE, and 1040. If you got a W-2 for the $9K, then you can file a 1040EZ.
Your parents are, I assume, able to claim you as a dependent. On the 1040-EZ, there's a box on line 5 to check to say you are a dependent. If you file a 1040, do NOT check box 6A.
2007-02-08 14:17:06 · answer #1 · answered by Judy 7 · 0⤊ 0⤋
1040EZ
But please make sure you check with your parents because if they claim you as a dependent, you will not be able to claim yourself on your tax return, but you can still file your taxes and you'd have to use form 1040 instead of a 1040 ez I believe! There will be a question that asks you if you can be claimed on someone else's tax return and you answer YES (if that is the case)
2007-02-08 16:23:57 · answer #2 · answered by ~Sabie~ 2 · 0⤊ 0⤋
1040ez
Its very straight forward, its almost hard to mess up. There is an instruction manual for it that simplifies everything.
2007-02-08 16:13:38 · answer #3 · answered by M O 6 · 1⤊ 0⤋