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Retirement tax questions
You are not required to report their income on your personal tax return.
The income that your dependent children earned falls beneath the 2021 dependent filing requirements.
The dependent filing requirement is:
- Unearned income was more than $1,100.
- Earned income was more than $12,550
- Gross income was more than the larger of:
- $1,100, or
- Earned income plus $350.
Single filing requirement of $12,550.
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March 31, 2022
5:18 AM