Yes, your son will need to file his own 2020 tax return if:
- Your earned income (money you made by working) exceeds $12,400
- Your unearned income (interest, dividends, capital gains, etc.) exceeds $1,100
- Your business or self-employment net income (gross minus expenses) is at least $400
- Your gross income (earned plus unearned) exceeds the larger of $1,100 or your earned income (up to $12,050) plus $350
Please make sure that his return is marked that he can be claimed as a dependent.
Please see What is the 2020 Kiddie Tax? and How do I report and pay the Kiddie Tax on my 2020 return? for when his unearned income exceeds $2,200.
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