I have a question about tax returns for children. If my child earned income and received a W-2, do we need to file a dependent tax return?
Regarding tax returns for children, your dependent child’s earned income doesn’t go on your return and you can still claim your child as a dependent if the other dependency rules apply. Your child must file his or her own dependent tax return as a dependent to claim his or her own W-2 income if:
- Your child meets the filing requirements.
- Your child had income tax withholding and is due a refund.
Your dependent child is required to file a dependent tax return if his or her income is more than the standard deduction allowed for dependents:
- The dependent’s earned income is more than $12,000 — standard deduction for a single filer.
- The dependent’s unearned income (e.g. investment) is more than $1,050.
- The dependent’s gross income is more than the greater of:
- His or her earned income (up to $5,950) plus $350