My son makes extra money thru the interest on his CD. Like $400 or so, besides his SSA. Would he need to file?

posted

Connect with an expert

1 Best answer

Accepted Solutions

My son makes extra money thru the interest on his CD. Like $400 or so, besides his SSA. Would he need to file?

No, In the example you provided, he would need to file if the interest he earned was more than $1,050.

View solution in original post

2 Replies

My son makes extra money thru the interest on his CD. Like $400 or so, besides his SSA. Would he need to file?

No, In the example you provided, he would need to file if the interest he earned was more than $1,050.

My son makes extra money thru the interest on his CD. Like $400 or so, besides his SSA. Would he need to file?

Even if his SSA is over $1050?

Still have questions?