Teenagers and Summer Jobs - Do They File Form 1040?
If you have children that work during the summers or throughout the year, they might have to file their own Form 1040, depending upon how much money they earned. You can still claim them as a dependent even if they need to file their own tax return.
Kiddie Taxes IRS Form 8615: https://youtu.be/HBIL5kqbZPE
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#IRS #Form1040 #SummerJobs
DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal, or accounting strategies demonstrated in this video. Thank you.
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