As soon as you're born. Filing tax returns is based upon your income, not your age. There are infants who have to file -- done by their parents of course but they still file.
2007-11-10 18:23:48
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answer #1
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answered by Bostonian In MO 7
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There is nothing that says someone does or does not have to file an income tax return based on age. It's all based on income.
2007-11-11 03:52:48
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answer #2
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answered by shoredude2 7
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It is primarily based on income. Because of the income basis there is no clear cut "age" where you do/do not have to file. Chances are that you will have to file no matter how young or old you are.
There are a few circumstances where age does play a factor along with income and what your filing status is/would be for that year where you might not have to file. You'd have to meet both the age and income requirements in order to not have to file. Typically those limits are for disabled or minors (dependents), and the elderly.
See the section referencing "Who must file." for detailed info.
http://www.irs.gov/publications/p501/ar02.html#d0e490
2007-11-11 05:15:02
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answer #3
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answered by Issues 3
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If the child has income, the day the child is born. In other words, the day the child has taxable income (income minus deduction), child must pay taxes. Thus infants also pay income tax. Some infants do have interest and other investment income.
If a child is under 18, the parents can elect to include child's interest and dividends income in their own return. However, once a child is 18, he must file his/her own separate return.
Also if a child has earned income, capital gain income, self employment income, winnings income, then the child must file his/her separate return.
For Single dependents, you must file a return if any of the following apply.
• Your unearned income was more than $850.
• Your earned income was more than $5,350.
• Your gross income was more than the larger of:
• $850, or
• Your earned income (up to $5,050) plus $300.
2007-11-11 02:53:43
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answer #4
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answered by MukatA 6
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Age is irrelevant when it comes to filing taxes.
2007-11-11 08:52:09
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answer #5
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answered by Steve 6
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Any age as soon as you have enough income.
2007-11-11 02:06:15
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answer #6
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answered by Anonymous
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