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Do I pay taxes on unemployment if I make under 12000 a year

I live in Maryland and have never paid taxes because I only make 3,000 a year. This is because I am a dependent and in college. Do I have to pay taxes on my unemployment if I still continue to make less than 12000?

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2 Replies

Do I pay taxes on unemployment if I make under 12000 a year

These are the filing requirements for A dependent. 

If a child has both earned and unearned income, he or she must file a return for 2019if: unearned income is over $1,100. earned income is over $12,200, or. earned and unearned income together total more than the larger of (1) $1,100, or (2) total earned income (up to $11,850) plus $350.

 

Unemployment income is unearned income. You will also be subject to Kiddie tax if unearned income is greater than $2,200.  TurboTax should handle that for you. Be sure to check the box saying that you can be claimed by someone else when you complete your return. 

BillM223
Expert Alumni

Do I pay taxes on unemployment if I make under 12000 a year

Unemployment income is taxable on the federal return and in most states - see this TurboTax FAQ

 

However, whether or not you will actually owe tax on your income is a question of facts and circumstances. Please go to this IRS Tax Assistant and see if you even need to file a federal return.

 

 

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