my teenager earned $740 last year. $9 was withheld in federal taxes. Must he file a return?

my teenager earned $740 last year. $9 was withheld in federal taxes. Must he file a return?

7 Responses to my teenager earned $740 last year. $9 was withheld in federal taxes. Must he file a return?

  1. if you earned under a certin amount in a year and they owe you not you owing them, you don’t have to file or/and you can file up to 3years at a time. check your local tax place like H&R block.

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  2. Last I knew if you earned $600 or more you did but that may have changed. Call the IRS to find out.

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  3. This is the IRS website designed to help you know if you need to file a return. He may well not have to, but this site should help decide if you want to.

    http://www.irs.gov/individuals/article/0,,id=96623,00.html

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  4. No, your teenager *probably* doesn’t need to file a return. However, you could go to the IRS website (see link below) and file for free through the Free File Alliance. This would *probably* allow him to get back his $9, and it’s good practice (better to start learning about taxes before he needs to, rather than waiting until it’s too late).

    http://www.irs.gov/efile/article/0,,id=118986,00.html

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  5. Since he only made $740, he isnt required to file a return. Because it’s below his standard deduction for his filing status (filing single). He can file a 1040EZ to get the $9 back.

    IRS Publication 17

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  6. I think so. Anything over 600.00 has to be reported

    IRS Publication 17

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  7. I had to file a tax return when I made over $600.00 when I was 15. Far as I know it is still the same.

    IRS Publication 17

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