topic Entering my minor child's tax return in Get your taxes done using TurboTax

Entering my minor child's tax return

NancB — Tue, 09 Mar 2021 22:05:18 GMT

How do I enter through Turbo Tax my minor child's tax return? I have entered my husband and I's information, I am unaware how to enter her information. She is only 14 and her wages are 1632.69.

Re: Entering my minor child's tax return

xmasbaby0 — Tue, 09 Mar 2021 22:19:04 GMT

MY DEPENDENT HAD A JOB

If your dependent has a W-2 for his after-school job, summer job, etc. you do not include the information on your own return. You can still claim your child as a dependent on your own return. He/she can file his own return for a refund of some of his withheld wages (he won’t get back anything for Social Security or Medicare), but MUST indicate on it that he can be claimed as a dependent on someone else’s return. (Supervise this closely or prepare it for him!)

If your dependent’s earnings were over $400 and were reported on a 1099Misc or 1099NEC then he must file a return and pay self-employment tax for Social Security and Medicare. You may want to use this version of TT for that:

https://ttlc.intuit.com/questions/1900583-what-is-turbotax-free-file-program

Re: Entering my minor child's tax return

DawnC — Tue, 09 Mar 2021 22:30:48 GMT

If she has wages from a job and received a W-2, she should file her own tax return to get the withholdings back. If she had no withholdings, she is not required to file a return if that was her only income.

Even if you're a dependent, you'll generally need to file your own 2020 tax return if:

Your earned income (money you made by working) exceeds $12,400
Your unearned income (interest, dividends, capital gains, etc.) exceeds $1,100
Your business or self-employment net income (gross minus expenses) is at least $400
Your gross income (earned plus unearned) exceeds the larger of $1,100 or your earned income (up to $12,050) plus $350

But even if your income falls below these filing requirements, you'll (she will) want to file her own tax return to get a refund of any federal or state taxes withheld from your paychecks.

Do I need to file a federal return this year? There is a dependent link included here as well

Your dependent's W-2 isn't reported on your return.

Do I need to report my child's 1099-INT on my 2020 return?

Re: Entering my minor child's tax return

VolvoGirl — Tue, 09 Mar 2021 22:26:39 GMT

Online is only good for one return per account. You can use the same email address for 5 accounts.

How to start a new online return
https://ttlc.intuit.com/community/using-turbotax/help/how-do-i-start-another-return-in-turbotax-online/00/25596