My 20 year old son dependant son earned $3000 from his summer job. He is supposed to be taxed on the scholarships he received. Should he file himself or on mine?

indigosgirl · ‎June 5, 2019

This is very confusing. He worked a summer job and earned $3000. He received $20,000 in 2018 from scholarship. Some of the scholarship had to go to room and board...somehting like $4000. Should he file for himself to keep this tax down? Or do I still put him on my 1040?

LinaJ2018 · ‎June 5, 2019

There are two options and you can choose which one benefits you the most.

1. You keep him as a dependent on your taxes hence he is required to file his own taxes.

Per IRS, a dependent is required to file if he or she is a:

Single dependent under age 65, not blind, and any of these apply:

Your unearned income was more than $1,050. Your earned income was more than $12,000.
Your gross income was more than the larger of:

$1,050
Your earned income up to $11,650 plus $350

2. You don't claim him and he doesn't file his taxes.

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My 20 year old son dependant son earned $3000 from his summer job. He is supposed to be taxed on the scholarships he received. Should he file himself or on mine?

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