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
Tax season is right around the corner! Consider how the withholding allowances claimed on your Form W-4 could affect your income tax refund by visiting the Tax Information Center blog.
Learn more about the potential tax benefits of charitable holiday giving. Your holiday donations may boost your refund, depending on the organization.
Are political contributions tax deductible? Before signing a check, learn the difference between charitable giving and political donations at H&R Block.
Are you a K-12 educator? Are your classroom supplies paid out of pocket? This year, get schooled on important teacher tax deductions that may help you save cash when filing taxes.
