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Get your taxes done using TurboTax
Not if it is W-2 income. Having to file a return is based on income, not whether or not your parents claim you. The exception to that is unearned income.
The minimum income requiring a dependent to file a federal tax return. 2020 filing requirements for dependents under 65:
- Earned income of at least $12,400
- Unearned income (like from investments or trusts) of at least $1,100
- Self-employment income over $400.
March 8, 2021
11:05 AM