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New Member
posted Jun 6, 2019 6:56:43 AM

Dependent college student who has eared $15,000 in 2016. only fica and Soc Sec paid. Doesn't he need to file return as well?

I claim him on my return. He needs to file right, but wondering if all $15,000 is taxable, or if the first 5,700 is still excludable since he is still in school

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1 Best answer
New Member
Jun 6, 2019 6:56:43 AM

The income does need to be reported on his tax return, and he needs to file. 

Since he is being claimed as your dependent, he will only have a 6,300 dollar standard deduction. He will owe tax on this return. The tax on 15,000 dollars of wages on a dependent return would be about 870 dollars.

1 Replies
New Member
Jun 6, 2019 6:56:43 AM

The income does need to be reported on his tax return, and he needs to file. 

Since he is being claimed as your dependent, he will only have a 6,300 dollar standard deduction. He will owe tax on this return. The tax on 15,000 dollars of wages on a dependent return would be about 870 dollars.