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Does my dependent full-time daughter have to file prize money?

Hello,

 

For 2022, my daughter was a full-time, dependent college student. She was in a music competition and earned a little over $630 in prize money. She did not have a job in 2022. Does she have to file an individual income tax in order to pay taxes on the prize money? Thank you for answering.

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Does my dependent full-time daughter have to file prize money?

If that is her only income she doesn’t have a filing requirement. 

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2 Replies

Does my dependent full-time daughter have to file prize money?

If that is her only income she doesn’t have a filing requirement. 

Does my dependent full-time daughter have to file prize money?

Yes, that was her only income. She was not employed anywhere.

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