Question

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?

Answer

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 $6,350 — 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:
    • $1,050
    • His or her earned income (up to $5,950) plus $350

 

Related Topics

Related Resources

The IRS, Bitcoin, and Other Virtual Currencies | H&R Block

Have you found yourself wondering how the IRS classifies Bitcoin? Our tax pros discuss relevant IRS Bitcoin law and notices. Learn more with H&R Block.

Bitcoin, Taxes, and the Modern Entrepreneur | H&R Block

Many entrepreneurs find themselves wondering exactly how Bitcoin is taxed. Our H&R Block Tax Pros are prepared to assist self-employed filers with Bitcoin taxation.

Farmer’s Market Tax Tips

If you are selling items at a farmer's market, learn how to file your taxes with H&R Block. From cash income to bartering, these tax tips will help.

Bitcoin Income: Exploring Capital Gains & Stock Value | H&R Block

Have you recently earned Bitcoin income from rising stock value? Explore the rules surrounding cryptocurrency-sourced capital gains and losses with H&R Block.