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 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.
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.
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?
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.