KrisD15
Employee Tax Expert

[Event] MetLife & TurboTax Present: The Ask Us Anything Forum

No, 

the 5,050 is a requirement for claiming a dependent as your Qualifying Relative, there is no income limit for claiming a Qualifying Child as your dependent. 

 

Your daughter, as your dependent, will need to file a return if she has: 

Just EARNED INCOME like from a job of 15,750

Just UNEARNED INCOME like interest or investments 1,350

BOTH EARNED and UNEARNED INCOME the greater of 1,350 or earned income plus 450 (up to 15,750)

 

It sounds a bit confusing, but only if she has both earned and unearned income, then you need to do a little math, or let TurboTax do the math for you. 

If someone needn't file, TurboTax tells them and they needn't continue the return. 

 

 

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