I’m trying to understand child tax filing requirements. If my child made $5,000 last year, does he have to file — Do children have to pay taxes?
To answer your question: do children have to pay taxes, the answer is no if your child’s only income for the tax year is $5,000 in wages. However, your child might want to file to get a refund of taxes withheld from wages.
Child tax filing requirements dictate that your child is required to file if your child meets one of these requirements:
- Unearned income more than $1,000
- Earned income more than $6,350
- Gross income more than the larger of:
- $1,000
- Earned income up to $5,950 plus $350
- A married dependent with a spouse who itemizes deductions on a separate return is required to file with $5 of income.
Related Resources
When it comes to making everyday tax decisions, we find that there's a gap between what's true and what's rumored. Let's explore four common tax myths.
If you’re itemizing deductions, the IRS generally allows you a medical expenses deduction if you have unreimbursed expenses that are more than 7.5% of your adjusted gross income for tax years 2017 or 2018. You can deduct the cost of care from several types of practitioners at various stages of care.
Are political contributions tax deductible? Before signing a check, learn the difference between charitable giving and political donations at H&R Block.
What is a CPA, and how can one help you with preparing your taxes? Understand the role of a certified public accountant with the experts at H&R Block.
