Child Social Security

Forum|Forum|2 years ago
March 3, 2024
2 replies
17 views

Does a 7 year old need to file her own tax return if she received $30,000 in social security this year? I know that I do not need to file it on mine. Everything I have read states that if she qualifies to file a tax return then yes. One of those qualifications seems to be anything over #20,000. I have never had this before so I am not sure this is true but I do not want to do wrong.

MicheleLuAuthor

Level 2

I found my own answer.

xmasbaby0

Level 15

Who has to file?

http://www.irs.gov/uac/Do-I-Need-to-File-a-Tax-Return%3F

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**

MarilynG

Level 15

To find out whether any of the child's benefits may be taxable, compare the base amount for the child’s filing status with the total of:

One-half of the child's benefits; plus
All of the child's other income, including tax-exempt interest.

If the child is single, the base amount for the child's filing status is $25,000.

If the total of (1) one half of the child's social security benefits and (2) all the child's other income is greater than the base amount that applies to the child's filing status, part of the child's social security benefits may be taxable. You can figure the taxable amount of the benefits on a worksheet in the Instructions for Form 1040 (and Form 1040-SR) or in Publication 915.

Here's more info on Survivor's Benefits from the IRS.

@MicheleLu

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