turbotax icon
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Filing for son

What is the amount a 21 year old student can make before they are REQUIRED to file a tax return?


3 Replies

Filing for son

The minimum income requiring a dependent to file a federal tax return. 2022 filing requirements for dependents under 65: Earned income of at least $12,950, or unearned income (like from investments or trusts) of at least $1,150.


Self employment income over $400 is subject to self employment tax.

Filing for son

What about interest income (he cashed in some bonds)? Is that considered part of the $1150?

Filing for son

Yes, both interest and capital gains are unearned income. 

Use your Intuit Account to sign in to TurboTax.
By selecting Sign in, you agree to our Terms and acknowledge our Privacy Statement.
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing

Related Content

Manage cookies