Check your children’s need to file a 2011 tax return. A return is needed if wages exceeded $5,800, the child had self-employment income over $400, or investment income exceeded $950. If the child had both wages and investment income, other thresholds apply. Contact us for any filing assistance you may need.
Do your children need to file a 2011 tax return?
January 24, 2012
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January 2012 | Tagged: children, investment income, self-employment income | 
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Posted by gillilandcpa
Your child may have to file a return
April 5, 2011Your child may have to file a 2010 income tax return. Generally, a return is required if the child had wages of more than $5,700, self-employment earnings over $400, or investment income (such as dividends, interest, and capital gains) over $950. If your child had both earned and investment income, other thresholds apply. Also, if your child is due a refund, a return must be filed to get it. Contact us if you need more information or filing assistance.
Leave a Comment » | April 2011 | Tagged: child, children, individual tax returns, tax returns | Permalink
Posted by gillilandcpa
