My child is 15 years old and receives an ssa-1099 for the death of her mother, my ex wife. Do I need to include this income on my taxes since I claim her as a dependent, do I need to file a separate form for her, or neither?
If your children receive Social Security survivors/disability benefits, that is income to them, not to you. You do not enter it on your tax return. Look at Box 2 of the SSA-1099 and you should see the child’s SSN.
If that is the only income a child has, then the child does not have to file or report it either.
If the child has enough other income to be required to file, then the child reports the SS on the child's return.
what is the maximum income the minor child can earn before reporting on their tax returns?
You will find that in IRS Pub. 501, at this link"
<a href="http://www.irs.gov/pub/irs-pdf/p501.pdf" rel="nofollow" target="_blank">http://www.irs.gov/pub/irs-pdf/p501.pdf</a>
not able to decipher.....just need to know what the maximum amount of income a minor child can earn before having to report on tax returns as income? any help with just a figure?
Filing requirements for dependents.
Federal Dependent filing requirements: (State requirements may be different)
1) Dependents unearned income was more than $1,000.
2) Dependents earned income was more than $6,200.
3) Dependents gross income was more than the larger of-
a) $1,000, or
b) Dependents earned income (up to $5,850) plus $350.
Or Dependent had net earnings from self-employment of at least $400.
However, if any tax was withheld, then Dependent might want to file anyway to get a refund of the tax withheld.
Also, a person that CAN be a dependent cannot claim him/her self and must check the box that says that another taxpayer can claim them (whether or not that taxpayer actually claims him/her).
Note: your state filing requirements might be different than the federal.
The head of household files all forms of income claiming the child.
Even if they owe 0 (which is very likely), a Dependent has to FILE a tax return if they meet any of the below requirements which are published on the IRS website.
Filing requirements for dependents is in publication 501:
You must file a return if any of the following apply.
1.Your unearned income was more than $1,100.
2.Your earned income was more than $12,200.
3.Your gross income was more than the larger of— a.$1,100, orb.Your earned income (up to $11,850) plus $350.
If my minor child receives more than $1000 from Social Security, does have have to file a tax return?
@aleste22 wrote:
If my minor child receives more than $1000 from Social Security, does have have to file a tax return?
If the child has no other income they do not have to report the Social Security benefits received on a tax return, regardless of the amount of SS benefits received.
My son is 10 he is autistic and receives social security I'm his paYee . MY husband work I do not and my son receives benefits 1st of every month. Do I have to file a ssa1099? What do they mean by if a child receives earned income? I'm confused a little.
You don't include their income on your return. It would only go on their return if they are required to file one. If all they have is social security they don't have to file a return and nobody reports it.
You should be filing a Joint return with your husband and can claim your son on the Joint return.
Ok so do I don't have to file any kinda form irs related for my son? Sorry I'm not to familiar with the process and how it works this is his first yr of receiving his ssi I wanna make sure I'm not missing anything. 🙂
No, nothing extra or special. Just claim him as a dependent on your return like normal.
Yes. My husband is self employed and files a 1099 at the end of the yr and claims me and my son. And then my son receives his benefits on the 1st. That's the only income that comes into our home. I wasn't clear on if i would have to file anything or not regarding his benefits. Thanks everyone for helping me out!:-)
By the way, your husband doesn't claim you. A spouse is never a dependent. He should be filing a Joint return with you even if you didn't have any income.
My boyfriend and father of my daughter, gets Disability. He received a letter stating that our daughter might be eligible for a month check for HIS disability. Well, she got approved. So, in December she received a lump some for back pay and now, in 2021 gets a monthly check. He received a SSA-1099 for taxes, her lump sum in December. Box 7 says his name for her name and our address. I work and was planning on claiming her, which I have done for the last few years. Am I still able to claim her and do I have to enter the SSA-1099 on my tax returns? Sorry, this is the first year I’ve had to do this, it’s completely new to me. Thank you!
You do not enter her SS benefits on your tax return. If she has no other income she does not report the benefits received on a tax return.
Unless she is using the SS benefits to provide for over one-half of her own support you should be able to claim her as your dependent on your tax return under the Qualifying Child rules if she meets all the requirements.
To be a Qualifying Child -
1. The child must be your son, daughter, stepchild, foster child, brother, sister, half brother, half sister, stepbrother, stepsister, or a descendant of any of them.
2. The child must be (a) under age 19 at the end of the year, (b) under age 24 at the end of the year and a full-time student or (c) any age and permanently and totally disabled.
3. The child must have lived with you for more than half of the year. Temporary absences while away at college are considered living with you.
4. The child must not have provided more than half of his or her own support for the year.
5. If the child meets the rules to be a qualifying child of more than one person, you must be the person entitled to claim the child as a qualifying child.
6. The child must be a U.S. citizen or U.S., Canada or Mexico resident for some portion of the year.
7. The child must be younger than you unless disabled.
My daughter received a SSA 1099 for one lump sum of $27,518 for my disability. Do I need to file a separate tax return for her even though she is only 8 yrs old??
No.
You don't include their income on your return. It would only go on their return if they are required to file one. If they only get SS, SSDI or a SSA-1099 they don't have to file a return and nobody reports it.
Filing requirements for a dependent
This is my son. Because of divorce, I gave my xwife, his mother rights to claiming him as her dependent. But he receives SSA because I receive SS benefits cause I am over 65. I did manage his money he received and he had a capital gain in 2020 of $358. Other than that he had no other income. [email address removed]