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Return to income

I need to know how much can a child earn before paying taxes. How much interest income can my dependent child earn before being required to file a return and pay investment income taxes?

Either your child must file his/her own investment income taxes or you must report your child's income on your own return if your child's income totals more than $2,100 from these:

  • Interest
  • Dividends -- including Alaska Permanent Fund dividends
  • Capital-gain distributions
  • Other investment income

Use Form 8615 to figure the tax on your child's investment income.

How much can a child earn before paying taxes -- your child's investment income might be more than $2,100 and less than $10,500. If so, you can choose to include the income on your return. You'll use Form 8814, and your child won't need to file a return.

If your child has other types of income, you must file a return for the child. You can't report the income on your return. Other income includes earned income or capital gains / losses from stock sales.

Ready to file?

You've got your forms. And we've got your back. There's only one thing left to do. Let's do this.

Calculators

So how much will you get (or owe) this year? That’s the million-dollar question. We happen to have three very useful calculators to help you estimate your refund or balance due.

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