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minor with unearned interest, always needs to file tax return?
Let's say a minor, age of 2, has $2000 of unearned interest, after using TurboTax for calculation, I know I owe $100 to Federal and none to New York State. Here is my question, can I just pay the $100 tax to Federal and not file/submit the tax return at all? Basically, I am thinking as long as I don't owe IRS tax and there is no need for filing then can I simply not file at all?
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‎April 8, 2023
8:31 PM