Yes he does since he made over the personal exemption amount. Besides, he will qualify for the earned income tax credit which could be quite large.
2007-02-11 03:29:26
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answer #1
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answered by cinsingl83 3
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Filing status Head of Household requires at least one dependent. Your son must file as single if he has no dependents.
Your son is in for a rude shock, whether he files or not; because of the 1099 MISC the IRS will come looking for him. He MUST file, regardless of income, because of the 1099 MISC.
I addition to income tax, he must pay Self Employment Tax and any State and Local income and sales tax.
If he only worked for one employer, regardless of that Employer's status, the Employer is legally obligated to treat him as an Employee and both collect taxes and pay part of the taxes. You can file a grievance with the local State or Federal Dept of Labor.
If you choose not to pursue the Employer, your son must file a tax return and include his income on a Schedule C or CZ. On that form he is allowed to deduct any and all expenses associated with his employment including clothes, boots, travel from jobsite to jobsite, tools, etc. Those deductions reduce both the income tax and the Self Employed tax.
DO NOT neglect to file. This will come back to haunt him another year.
2007-02-18 02:27:08
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answer #2
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answered by Robert in Nuuanu 3
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If he does not have any qualifying dependants or is not married, then he should be filing single and not head of household. If he worked for a contractor that did not pay taxes, then he will have to pay for those out of pocket. If he collected unemployment, he will also have to pay taxes on that income, too.
Contact a certified tax preparer for more information.
2007-02-17 19:14:44
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answer #3
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answered by annazzz1966 6
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If he qualifies for head of household and made under $10,850, then he would not have to file, but should since he'd get anything back that he had withheld, and would also be eligible for the Earned Income Credit.
Since he won't owe any taxes, he would not get a child credit for his dependent child who lives with him. If he has over three dependent children, then he might be able to get something from the Additional Child Tax Credit.
2007-02-11 06:28:25
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answer #4
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answered by Judy 7
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The filing requirement for 2006 for head of household under 65 is $10850. The Earned Income Credit for HOH with one child is $2747, for 2 children it's $4010. This is money your are entitled to even if you had 0 dollars withheld from your pay. An estimated 19 million US taxpayers leave money with the US Treasury every year because they fail to apply for the EITC. There are plenty of illegal aliens taking it illegally every year. Americans should not lose this money.
2007-02-11 04:40:02
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answer #5
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answered by illinipower 2
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He does have a fiing requirement and He would want to file to get a refund of any taxes he paid and any credits that he might be entitled to. If he is claiming a dependant child, he might be entitled to the EIC.
2007-02-11 03:30:55
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answer #6
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answered by Anonymous
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Yes, he has to file. He may not have to pay but he still has to file.
2007-02-18 03:05:52
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answer #7
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answered by dolphinchick 3
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No he doesn't but he should to claim his refund. He is probably eligible for the earned income credit which can potentially increase refund by $4,000. If you qualify for the earned income credit you can also have your employer pay you advanced payments this year with your paycheck. The child tax credit and child care credit are something he should look into also.
2007-02-11 03:56:26
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answer #8
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answered by The Answer Man 2
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Yes he does and he needs to include all of those items and anything else that isn't excluded as a matter of law.
2007-02-17 05:41:29
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answer #9
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answered by Scott K 7
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No, he does not have to file because he did not make enough money. However, it would be to his advantage because he would get back all the taxes he paid plus he would also be eligible for low earned income credit, since he is head of household.
He may even get back more than he paid.
2007-02-11 03:35:16
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answer #10
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answered by suedanurse 2
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