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

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1 Best answer

Intuit Alumni

Jun 3, 2019 11:01:58 AM

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

Intuit Alumni

Jun 3, 2019 11:01:58 AM

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

Returning Member

Jun 3, 2019 11:01:59 AM

Even if his SSA is over $1050?