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Hello,

 

Your dependent can start earning money at any age.

 

 A minor who may be claimed as a dependent must file a return if their income exceeds their standard deduction ($12,950 for tax year 2022).

• A minor who earns less than $12,950 will not owe taxes but may choose to file a return to receive a refund of withheld earnings.

• A child who earns $1,150 or more (tax year 2022) in "unearned income,” such as dividends or interest, needs to file a tax return.

• A minor who earns tips or makes more than $400 (tax year 2022) in self-employment income will have to pay Social Security or Medicare taxes, regardless of their total earnings.

 

https://turbotax.intuit.com/tax-tips/family/at-what-income-does-a-minor-have-to-file-an-income-tax-r...

 

 

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