- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
18 year old child, dependent & HS student with W2 income
My child, 18 years old at the end of 2024, had a W2 income of $2500
Taxes withheld: ($46 fed Tax, $37 State Tax, $36 Medicare Tax, $156 Social Security Tax).
She invested all the income to ROTH IRA.
Question:
1. Does child need to file taxes?
2. Or Do I need to add child's income to my return?
3. If she has to file the return, Can I still claim her as a dependent on my tax return (and get tax credit) since I took care of all her expenses?
Could you please provide guidance?
Topics:
March 22, 2025
1:51 PM