My son, living at home and claimed as a dependent by me, only worked in Nov.-Dec. of 2016, earning about $2,500-$3,000 total income for the year. He received no other income, unemployment, etc. in 2016. His financial aid is being claimed on my tax return and did not exceed what his out of pocket cost for school was. Does he have to do a tax return at all for that amount of income since he received a W-2?
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The filing threshold for a dependent's W-2 income is $6300 (2016). So he is not required to file a return.
(If he wanted whatever refund he might be due of withheld tax, he would have to file a return to get it. But it's not required.)
The filing threshold for a dependent's W-2 income is $6300 (2016). So he is not required to file a return.
(If he wanted whatever refund he might be due of withheld tax, he would have to file a return to get it. But it's not required.)
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