Hi,
For 2024, my son's W2- income is less than 1K. In 2023, he filed a return (income 4K) , and he also contributed to Roth IRA. This year I took a 529 distribution to cover his eligible college expenses. His current 2024 return shows zero for IRS and State. I have a couple of questions please:
1. Does he still need to file a return this year as he owes nothing and not getting anything back?
2. If he doesn't have to file because he has no tax liability, does he still need to file to both state and federal because he has contributions to Roth IRA
3. Does filing the return yearly help keep track of the Roth contributions? Do contributions to Roth IRA need to be reported? What is the advantages of reporting it?
Thanks for your advise
