- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Education
If the scholarship money is the only income received by the year, it is not reported because it doesn't exceed the filing threshold for the year. In 2023, the federal filing threshold for your child is $13,400, which includes $13000 plus $400. Your dependent does not need to file.
Since the federal AGI is zero, this income is not taxable in California either.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
**Mark the post that answers your question by clicking on "Mark as Best Answer"
March 26, 2024
2:32 PM