The student is my son. He is qualified as my dependent. He paid about $62 as federal income tax, no state income tax in my state. He paid $155 SS tax.
2007-03-27 19:51:22 · 8 answers · asked by worriedfather 1 in Business & Finance ➔ Taxes ➔ United States
Yes.
Make sure he checks the box that says he's being claimed as a dependent by another tax payer.
2007-03-27 19:55:19 · answer #1 · answered by Sarge1572 5 · 0⤊ 4⤋
He is not required to file a tax return. However, he should file a tax return in order to get a refund of the $62 he paid in federal taxes.
He could file a Form 1040-EZ.
http://www.irs.gov/pub/irs-pdf/f1040ez.pdf?portlet=3
2007-03-27 20:07:09 · answer #2 · answered by tma 6 · 3⤊ 0⤋
TMA is correct
He is not required by law to file a return, but he can file and get the $62.00 federal tax that he paid in as a refund.
He will not claim himself as a dependent.
Form 1040EZ would be quick easy form to fill out.
2007-03-27 20:45:24 · answer #3 · answered by Jo Blo 6 · 1⤊ 1⤋
All incomes need to be filed. However, not all incomes filed are taxable. There is a ceiling. Check with your local tax department.
2007-03-27 21:14:27 · answer #4 · answered by SGElite 7 · 0⤊ 1⤋
He doesn't need to file, but he should file and get his $62
2007-03-28 02:44:04 · answer #5 · answered by ME M 1 · 1⤊ 1⤋
Yes, he needs to file to get any refund that might be due. Since you claimed him on your return, he can't take the personal exemption deduction on his return.
2007-03-27 23:51:57 · answer #6 · answered by crazydave 7 · 1⤊ 1⤋
he should file but cannot claim himself as he is YOUR dependent.
2007-03-27 19:59:48 · answer #7 · answered by mischabi 1 · 0⤊ 0⤋
i believe so...anything over 600.00 dollars needs to be filed.
2007-03-27 19:54:34 · answer #8 · answered by myninny54 3 · 0⤊ 4⤋