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Retirement tax questions
Thanks for your reply. Turbotax states that if a child had unearned income of more than $400 and a gross income of more than $1150, they are required to file a return...I'm so confused.
If she files a return, she does get a modest refund but we pay hundreds more in tax, since if she files a return we have to include her income in our household income when determining the allowable Advanced Premium Tax Credit for our health insurance.
Please advise! thanks
‎April 7, 2023
6:00 PM