If I claim my 16 year old as a dependent, can he still file his own tax return? I cover all his expenses. He only worked a part time job for a few months and only earned about $2000.
Will this affect the amount of the dependent's personal refund?
Will what affect it? your above is a comment connected directly to your question. So I don't know which other comment or answer you're referring to in this thread.
Will claiming him as a dependent while he does his own separate personal filing affect his personal tax return refund amount?
It could. If your son earned more than $3900, then he'll pay taxes on anything he earned over that amount, is all. But I bet he still gets "something" back anyway. It's a fair bet that more tax was withheld from his paychecks than was necessary. But you just won't know until he completes his tax return.
I didn't work last year I've been on workmen s compensation so I can still claim my kids
You are posting to a 2 year old thread. The short answer is that workman's compensation is not taxable, so you do not have to file a tax return if that was your only income. There would be no benefit or reason to file. If you have further information to add to your question, please post a new question instead of using this old thread.
My 2 15,16 years old daughter's both Worked so can I claim their income on my taxes since they live with me
No, you cannot claim your dependents' earned income on your return. (You should post your questions as new questions rather than adding them as comments to a 2-year-old thread.)
@TurboTaxAnita please archive this thread. The add-ons to this thread make my recommended answer appear to apply to those add-ons, and WILL cause readers to do things flat out wrong. This thread needs to go away.
Absolutely. But when your son files his tax return, he must select the option for "I can be claimed on someone else's return".
yes he can file. he will just need to say he was claimed by someone else so he doesn't get the exemption for himself
It would be in your best interest that you claim him because you will get back more.
A person who is a dependent may still have to file a return. It depends on his or her earned income, unearned income, and gross income. but in your case the child income is below 2,055. here is a table that make help. http://www.irs.gov/publications/p501/ar02.html#en_US_2014_publink1000220702
Your unearned income was more than $1,000.
Your earned income was more than $6,200.
Your gross income was more than the larger of—
$1,000, or
Your earned income (up to $5,850) plus $350.
Regardless of what he earned, if any income tax was withheld from your son's pay, the only way to get a refund of that withheld tax, is to file a return.
@Carl sorry can't do this year, just working as an agent, wanted an easier year
Who can? Can you tag them here, so I won't waste your time on this stuff in the future? If this thread is misinterpreted, (and it's a good bet it will be by many) it can cause major issues for tax filers.